 "RBI, reserve bank of india")
The first outright open market operation (OMO) of this fiscal year by the Reserve Bank of India (RBI) received bids of more than five times the Rs 20,000 crore amount on offer.
The central bank received bids for Rs 1.13 trillion, while it accepted bids of up to Rs 20,000 crore buying four securities. This was the first outright OMO of this fiscal year, as the central bank had cancelled one OMO of Rs 10,000 crore in September.
On Thursday’s OMO, the RBI accepted Rs 6,600 crore of a bond maturing in six years, Rs 5,177 crore in
The central bank received bids for Rs 1.13 trillion, while it accepted bids of up to Rs 20,000 crore buying four securities. This was the first outright OMO of this fiscal year, as the central bank had cancelled one OMO of Rs 10,000 crore in September.
On Thursday’s OMO, the RBI accepted Rs 6,600 crore of a bond maturing in six years, Rs 5,177 crore in
