RBI will inject a total of Rs.3.74 lakh crore of which Targeted Long-Term Repo Operations (TLTRO) will be worth Rs.1 lakh crore. Cash Reserve Ratio (CRR) cut of 100 basis points to 3% of net demand and time liabilities worth Rs.1.37 lakh crore, and accommodation under Marginal Standing Facility hiked from 2% of Statutory Liquidity Ration to 3% worth Rs.1.37 lakh crore.
RBI will also inject liquidity which will be 0.5% of the GDP out of which Rs.50,000 crore will be reserved for the second phase of TLTRO, and additional refinancing of Rs.50,000 crore by NABARD, SIDBI, and SHB.