<h1>RBI Launches TLTRO 2.0 to Boost Liquidity for NBFCs and MFIs Amid COVID-19, Rs. 50,000 Crore Allocated.</h1> The Reserve Bank of India (RBI) has introduced Targeted Long-Term Repo Operations 2.0 (TLTRO 2.0) to support financial markets and institutions affected by COVID-19. This initiative aims to provide liquidity to small and mid-sized corporates, including non-banking financial companies (NBFCs) and microfinance institutions (MFIs), through repo operations at the policy rate for up to three years, totaling Rs. 50,000 crores initially. Funds must be invested in investment-grade bonds, commercial paper, and non-convertible debentures, with specific allocations for MFIs and NBFCs based on asset size. The first auction is scheduled for April 23, 2020.