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Second-time unlucky: Reserve Bank's TLTRO 2.0 rescue plan for NBFCs likely to be a non-starter

Updated : April 20, 2020 06:28 AM IST

The Reserve Bank has asked banks to buy NBFC bonds worth Rs 50,000 crore.
But it has earmarked Rs 25,000 crore for small NBFCs and MFIs.
Bankers and dealers say that there is no appetite for bonds worth Rs 25,000 crore of such players.
Second-time unlucky: Reserve Bank's TLTRO 2.0 rescue plan for NBFCs likely to be a non-starter

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