rbi governor_statement, 2023-02-08
The Reserve Bank provided low cost funds at the repo rate of up to 3-years maturity to banks during February to April 2020 to improve monetary transmission, mitigate the impact of the COVID-pandemic and alleviate liquidity stress in entities/specific sectors under long-term repo operations (LTROs) and targeted long-term repo operations (TLTROs).
Sentiment: neutral
Topic: mp_interest_rate