Today, the Reserve Bank conducted the fourth Targeted Long Term Repo Operation (TLTRO) for a notified amount of ₹ 25,000 crores with a 3-year tenor in pursuance of the TLTRO announced vide press release dated April 15, 2020. 2. The total bids that were received amounted to ₹ 61,415 crores, implying a bid to cover ratio (i.e., the amount of bids received relative to the notified amount) of 2.46. 3. Allotment was done for all bids on a pro-rata basis as given below: | Tenor | 3-year | | Date of Reversal | April 13, 2023 | | Notified Amount (in ₹ crore) | 25,000 | | No of bids received | 11 | | Total amount of bids received (in ₹ crore) | 61,415 | | Amount allotted (in ₹ crore) | 25,009 | | Pro-rata Allotment Percentage (%) | 40.71 | (Yogesh Dayal)
Chief General Manager Press Release: 2019-2020/2234 | |