The Reserve Bank governor held a meeting with select chiefs of private sector banks and asked them to further strengthen their balance sheets proactively...
The banking regulator has decided to conduct special three year long term repo operations (SLTRO) of Rs 10,000 crore at the repo rate for small finance banks...
In the case of the first TLTROs, RBI has retained the penal clause of paying an additional 200 bps interest over the 4.40 repo rate for the unutilised fund...