https://www.taxtmi.com/news?id=22758 The Reserve Bank authorised Targeted Long Term Repo Operations (TLTRO) 2.0 to supply liquidity to small and mid sized corporates, NBFCs and MFIs, with repos at the policy rate for tenors up to three years. Funds must be invested in investment grade bonds, commercial paper and NCDs of NBFCs, with at least half the facility apportioned across MFIs and NBFCs in specified asset bands (asset size by latest audited balance sheet). Investments may be held to maturity beyond HTM limits and exposures under this facility are excluded from the Large Exposure Framework; deployment and reporting timelines are prescribed. en-us Fri, 17 Apr 2020 10:51:11 +0530 Wed, 22 Apr 2020 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22758 The Reserve Bank authorised Targeted Long Term Repo Operations (TLTRO) 2.0 to supply liquidity to small and mid sized corporates, NBFCs and MFIs, with repos at the policy rate for tenors up to three years. Funds must be invested in investment grade bonds, commercial paper and NCDs of NBFCs, with at least half the facility apportioned across MFIs and NBFCs in specified asset bands (asset size by latest audited balance sheet). Investments may be held to maturity beyond HTM limits and exposures under this facility are excluded from the Large Exposure Framework; deployment and reporting timelines are prescribed. News - Fri, 17 Apr 2020 10:51:11 +0530 https://www.taxtmi.com/news?id=22758