RBI to inject durable liquidity through OMO purchase auction

Image
Capital Market
Last Updated : Jun 14 2019 | 10:50 AM IST
The Reserve Bank Of India, based on a review of the evolving liquidity conditions and assessment of the durable liquidity needs going forward has decided to conduct purchase of Government securities under Open Market Operation (OMO) for ₹125 billion on June 20, 2019. The Government securities to be purchased in the auction would be communicated in due course.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jun 14 2019 | 10:27 AM IST

Next Story