Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 709)

2021-05-07 Banking

709.

What amount of liquidity support has been announced by the RBI for the small finance banks under a special long-term repo operations to lend to MFIs amid COVID-19 crises?

Rs 12,000 crore

Rs 20,000 crore

Rs 10,000 crore

Rs 15,000 crore

Answer: Option

Explanation:

A special long-term repo operations has been announced for small finance banks worth Rs 10,000 crore under a special long-term repo operations to lend to MFIs amid COVID-19 crises