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RBI promises liquidity support to NBFCs, MFIs dealing with cashflow issues

RBI has put the ball in banks' court on the moratorium issue

Topics
Lockdown | Coronavirus | RBI

Subrata Panda & Namrata Acharya  |  Mumbai 


RBI
The RBI did not provide any clarity on the issue of moratorium to NBFCs, MFIs from the banks on loans availed by them

The Reserve Bank of India (RBI) on Friday said it will conduct targeted long-term repo operations 2.0 (TLTRO 2.0) to provide the much-needed liquidity support to the shadow banking sector that has been hit hard in the ongoing health crisis and the subsequent nationwide .

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First Published: Fri, April 17 2020. 19:01 IST

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