The Reserve Bank of India (RBI) has announced that it will conduct Open Market Operation (OMO) purchase auctions of Government of India securities worth Rs 1,00,000 crore in two tranches to manage liquidity and financial conditions.
The Reserve Bank of India on Thursday released the results of its Open Market Operation (OMO) purchase auction of Government of India securities, aggregating to a notified amount of Rs 50,000 crore, and also announced plans to conduct an underwriting auction for a separate G-Sec sale on Dece
Mumbai (Maharashtra) [India], December 28 (ANI): The outstanding liquidity in banking system amounted to Rs 5.09 lakh crore as on December 24, Rs 50,386 crore higher than that in the previous week (Rs 4.58 lakh crore as on December 18), CARE Ratings said on Monday.
Mumbai (Maharashtra) [India], Aug 25 (ANI): The Reserve Bank of India (RBI) will again conduct simultaneous purchase and sale of government securities under the open market operation (OMO) for Rs 20,000 crore in two tranches of Rs 10,000 crore each.