Long Term Repo Operation(LTRO)

News:The Reserve Bank of India has received ₹1.71 trillion in the third long-term repo operation(LTRO) conducted for an amount of Rs 25,000 crore. Facts: About LTRO: Long Term Repo Operation(LTRO) is a mechanism to facilitate the transmission of monetary policy actions and to inject liquidity into the banking system to boost credit growth. Under this,the… Continue reading Long Term Repo Operation(LTRO)