RBI relief package to market and TLTRO || Cashflow Problems for NBFC || Liquidity Issue

RBI Relief Package and TLTRO

Non-Banking Companies are struggling with the lockdown cutting into their cash flows – they have to give their customers a moratorium of three months (don’t pay now, pay the extra interest later). But the NBFC would have borrowed money, and they need to pay back on time. That hurts.
Stocks like Bajaj Finance, which has been darling of investors has fallen by 55% and there’s a beating up of others like Shriram Finance, Indiabulls, PEL, Muthoot, and Edelweiss.

To help them, RBI has started Targeted Long Term Repo Operations (TLTRO).