Today, the Reserve Bank conducted the second Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crores with a 3-year tenor in pursuance of the TLTROs announced vide press release dated March 30, 2020. 2. The total bids that were received amounted to ₹ 99,760 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 3.99. 3. Allotment was done for all bids on a pro-rata basis as given below: | Tenor | 3-year | | Date of Reversal | April 3, 2023 | | Notified Amount (in ₹ crore) | 25,000 | | No of bids received | 13 | | Total amount of bids received (in ₹ crore) | 99,760 | | Amount allotted (in ₹ crore) | 25,016 | | Pro-rata Allotment Percentage (%) | 25.07 | (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/2173 | |