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RBI to inject durable liquidity through OMO purchase auction of Rs 15000 crore in June 2019

Capital Market 

Government securities to be purchased in the auction would be communicated in due course

Based on a review of the evolving liquidity conditions and assessment of the durable liquidity needs going forward, the Reserve Bank of India (RBI) has decided to conduct purchase of Government securities under Open Market Operation (OMO) for Rs 15000 crore on 13 June 2019.

The Government securities to be purchased in the auction would be communicated in due course.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 24 2019. 18:15 IST
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