Fund-rich banks unlikely to use RBI's special window of Rs 15,000 crore

The RBI has decided to set up a special liquidity window of Rs 15,000 crore for contact-intensive sectors

Topics
Reserve Bank of India | Indian Economy | Liquidity

Subrata Panda & Abhijit Lele  |  Mumbai, 

Lenders flush with funds are less likely to use the Reserve Bank of India’s (RBI’s) special window of Rs 15,000 crore for contact-intensive sectors such as tourism and hospitality to ensure continued flow of liquidity to those hit by the second wave of Covid-19.

Lenders will now have their task cut out and need to ensure that large and better-rated entities do not corner all benefits. “They must see to it that those who are weak to withstand shocks get support. A repeat of the experience with the early version of targeted long-term repo operations (TLTRO) must be ...

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First Published: Sat, June 05 2021. 00:48 IST
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