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What amount of liquidity support has been announced by RBI for the small finance banks (SFBs) under a special long-term repo operations (LTRO)to lend to MFIs amid COVID-19 crises?
  • a)
    Rs 12,000 crore
  • b)
    Rs 10,000 crore
  • c)
    Rs 15,000 crore
  • d)
    Rs 20,000 crore
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
What amount of liquidity support has been announced by RBI for the sma...
A special long-term repo operations (LTRO) has been announced for small finance banks (SFBs) worth Rs 10,000 crore, to provide further lending support to NBFC-microfinance institutions (MFIs) and other MFIs (Societies, Trusts etc.) which are members of RBI recognised ‘Self-Regulatory Organisation’. 
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