RBI offers on-tap TLTRO worth Rs 1 lakh crore, OMOs for state bonds to keep lid on yields

Improving liquidity through TLTRO/OMOApprox Read Time: 6 min In News: While keeping the key policy rates unchanged, the RBI has announced various measures to bring more liquidity in the financial markets, keep bond yields under control, and improve availability of debt to specific sectors. Improving liquidity through TLTRO/OMO Measures announced: On-tap TLTRO to improve liquidity:The RBI has introduced on-tap targeted long-term repo operations (TLTRO) of Rs 1 lakh crore for providing additional…

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Economic Updates: RBI receives poor response for first auction under TLTRO 2.0

RBI receives poor response for first auction under TLTRO 2.0Approx Read Time: 6 minutes In News: RBI receives poor response for first auction under TLTRO 2.0 The Reserve Bank of India (RBI) recently conducted the first auction under the Targeted Long Term Repo Operation (TLTRO) 2.0 for Rs 25,000 crore with a 3-year tenor and received total bids amounting to Rs 12,850 crore, implying a poor response with a bid…

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Economy Updates: RBI to pump in Rs 1 lakh crore

RBI to pump in Rs 1 lakh croreApprox Read Time: 5 minutes RBI to pump in Rs 1 lakh crore In News: RBI to pump in Rs 1 lakh crore Reserve Bank of India has unveiled the second round of policy announcements to counter the debilitating effects of the spread of Covid-19 on the Indian economy. Earlier Measures: On March 27, the RBI had announced a measures to counter the…

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