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Home News RBI to conduct long-term repo operations on February 17, 24 for Rs 50,000 crore

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RBI to conduct long-term repo operations on February 17, 24 for Rs 50,000 crore

RBI to conduct long-term repo operations on February 17, 24 for Rs 50,000 crore

Saturday, February 8, 2020, 9:01 AM

The RBI will begin the first tranche of its long-term repo operations on February-17 with three-year repo of Rs.25,000-crore, followed by another on February-24 for an equal amount. The operations date is announced a day after the RBI's monetary policy wherein it said long-term repos aggregating up to Rs.1 lakh-crore will be conducted in tranches from mid-February to ease liquidity in the system.
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