Today, the Reserve Bank conducted the third Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crore with a 3-year tenor in pursuance of the TLTRO announced vide press release dated April 3, 2020. 2. The total bids that were received amounted to ₹ 1,13,470 crore, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 4.5. 3. Allotment was done for all bids on a pro-rata basis as given below: | Tenor | 3-year | | Date of Reversal | April 7, 2023 | | Notified Amount (in ₹ crore) | 25,000 | | No of bids received | 18 | | Total amount of bids received (in ₹ crore) | 1,13,470 | | Amount allotted (in ₹ crore) | 25,016 | | Pro-rata Allotment Percentage (%) | 22.04 | (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/2199 | |