RBI clarified that any amount that is not used within the given time frame would attract a penal interest – the prevailing policy repo rate plus 200 basis points for the number of days the money remained unused.
from The Financial Express https://ift.tt/2RALNes
Monday, 13 April 2020
Banks may stay with AAA paper to invest TLTRO money
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment