RBI to conduct OMO purchase worth $40 bn by March-end: BofAML
Reserve Bank of India (RBI) is like to conduct additional open market operation (OMO) purchase worth USD 40 billion by March end to provide durable liquidity and contain rising government bond yields, says a report.
Last week, RBI conducted one OMO worth Rs 10,000 crore and has announced a similar amount of OMO purchase this week,
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