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RBI to inject Rs 600 bn more liquidity by Jan via open market operations

The OMO purchase in the present fiscal year will be around Rs 2.5 trillion

Topics
Reserve Bank Of India  |  Liquidity  |  Bond Market

Anup Roy  |  Mumbai 



RBI
A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi. Photo: Reuters

The (RBI) on Tuesday announced a massive bond buyback programme for the current fiscal year to address the deficit — a move that’s expected to raise bond prices and boost bank treasury profits when lenders need capital.

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First Published: Wed, December 19 2018. 01:35 IST

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