RBI to inject durable liquidity through OMO purchase auction
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.
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First Published: Jun 14 2019 | 10:27 AM IST