The Reserve Bank of India (RBI) is set to pump in further liquidity in December by infusing Rs 40,000 crore into the system through open market operations (OMOs). Based on an assessment of the durable liquidity needs going forward, the RBI has decided to conduct purchase of government securities under Open Market Operations (OMOs) for an aggregate amount of ₹40,000 in the month of December 2018, the central bank said in a latest release.
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