Question
The Reserve Bank of India (RBI) has proposed to extend
the term-liquidity facility of Rs 50,000 crore offered to emergency health services till …………..Solution
The Reserve Bank of India (RBI) has proposed to extend the term-liquidity facility of Rs 50,000 crore offered to emergency health services by three months till June 30, 2022. Last year in May, RBI had announced an on-tap liquidity window of Rs 50,000 crore, at the repo rate with tenors of up to three years, to boost provision of immediate liquidity for ramping up COVID-19-related healthcare infrastructure and services in the country . It is now proposed to extend this window up to June 30, 2022 from March 31, 2022 as announced earlier
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