RBI unveils Rs 50,000 crore liquidity window for Covid-related health services | Daily Current Affairs 2022
onwin giriş
betvakti elexusbet gorabet maksibet maltcasino milosbet quennbet setrabet atlantisbahis artoscasino dumanbet elitbahis fashionbet favoribahis hiltonbet liderbahis oslobet romabet vegabet yorkbet kalebet bet10bet bahislion bahislion bahislion betpark dakikbet dumanbet fenomenbet holiganbet kalebet kolaybet lordbahis olabahis piabet pusulabet süper10bet supertotobet mariobet bahis siteleri güvenilir bahis siteleri kaçak bahis siteleri ligobet polobet verabet
bahis bahis atlasbet baysansli bet10bet betkolik betsidney fashionbet gorabet holiganbet odeonbet romabet betasus betdoksan betgarden btcbahis casinoper casinovale coinbar eurocasino kazansana lesabahis mottobet trcasino trendbet nerobet bahistek
betgaranti giriş betpark giriş mariobet giriş supertotobet giriş tipobet giriş betist giriş kolaybet giriş betmatik giriş onwin giriş

RBI unveils Rs 50,000 crore liquidity window for Covid-related health services

Posted by
Subscribe for News Feed

The Reserve Bank of India (RBI) recently opened an on-tap liquidity window of Rs 50,000 crores.


  • On-tap means ready to.
  • On-tap liquidity window is funds that are to be provided immediately.
  • Liquidity is cash.


  • The scheme was announced by the RBI Governor Shaktikanta Das.
  • The announcements included loan restructuring facilities for individuals, small businesses and Micro, Small & Medium Enterprises (MSMEs) and providing additional liquidity to boost the healthcare infrastructure.
  • He further added that the RBI will continue to be proactive throughout the year to deal with the evolving situation and will deploy all available resources and instruments at its command.

Main Points of the scheme:

  • Under the scheme, banks can provide fresh lending support to a wide range of entities including vaccine manufacturers, importers and suppliers of vaccines and priority medical devices, hospitals and dispensaries, pathology labs, manufactures and suppliers of oxygen and ventilators, importers of vaccines and Covid-related drugs, logistics firms and also patients for treatment etc.
  • The loans would be for tenors of up to three years.
  • Banks may deliver these loans to borrowers directly or through intermediary financial entities regulated by the RBI.
  • These loans will be classified under priority sector till repayment or maturity, whichever is earlier.
  • Banks are expected to create a COVID loan book under the scheme.

What is a COVID Loan Book?

The COVID Loan book is an account of loans provided by the banks under this new window.

They can park their surplus liquidity to the size of COVID Loan Book with the RBI.

This is to be done at reverse repo rate.

Note: Parking the funds means depositing the money in the bank.

 Under the new step, the banks can deposit the surplus money in RBI.


  • The main objective of the apex bank is to save lives and livelihoods has incentivised banks to lend to coronavirus patients who need money for treatment.
  • This will prove to be a relief as it will help counter enormous bills that patients and family members have time and again said that they had to foot.

Subscribe for News Feed