RBI includes NBFCs to avail 'TLTRO on Tap' scheme benefit
By siliconindia | Friday, 05 February 2021, 08:38 Hrs The Reserve Bank has proposed to allow the NBFC sector to avail the benefit of its 'TLTRO on Tap' scheme. The scheme provides liquidity support for revival of activity in specific sectors that have both backward and forward linkages and having multiplier effects on growth. "Given that NBFCs are well recognised conduits for reaching out last mile credit and act as a force multiplier in expanding credit to various sectors, it is now proposed to provide funds from banks under the 'TLTRO on Tap' scheme ...
Source: siliconindia.com