On Tap Targeted Long-Term Repo Operations - Extension of Specific Sectors - આરબીઆઈ - Reserve Bank of India
On Tap Targeted Long-Term Repo Operations - Extension of Specific Sectors
As announced in the Statement on Developmental and Regulatory Policies on December 04, 2020, it has been decided to cover stressed sectors under the On Tap TLTRO Scheme, in synergy with the credit guarantee available under the Emergency Credit Line Guarantee Scheme (ECLGS 2.0) of the Government. Accordingly, in addition to the five sectors announced under the On Tap TLTRO Scheme on October 21, 2020, the twenty-six stressed sectors notified under ECLGS 2.0 (identified by the Kamath Committee of RBI) have been brought within the ambit of the sectors eligible under the On Tap TLTRO scheme. The stipulation under ECLGS 2.0 that only entities with outstanding between ₹50 crore and ₹500 crore shall be eligible for the credit guarantee shall, however, not apply to funds availed under On Tap TLTRO. 2. All other terms and conditions of the scheme remain the same. (Yogesh Dayal) Press Release: 2020-2021/763 |