As announced in the Statement of Developmental and Regulatory Policies on March 27, 2020, the RBI will conduct Targeted Long Term Repo Operations (TLTROs) of up to three years tenor of appropriate sizes for a total amount of up to Rs 1,00,000 crore. The first tranche of TLTRO for Rs 25,000 crores was conducted on March 27, 2020. It has now been decided to conduct another TLTRO for Rs 25,000 crore for a tenor of three years on April 3rd 2020.
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