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News RBI

  • May 28, 2016
  • RBI to infuse Rs 15,000 crore liquidity by OMO purchase of G-secs

    The Reserve Bank of India today said it will buy government securities via open market operations (OMOs) on March 10 to infuse liquidity of Rs 15,000 crore into the system. "Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct purchase of government securities under Open Market Operations (OMOs) for an aggregate amount of Rs 150 billion on March 10, 2016," RBI said in a notification.

    Source - http://economictimes.indiatimes.com