Economy, asked by RahulChikku20101, 11 months ago

how do OMO affect the availability of credit

Answers

Answered by RapMonster1994
0

✔✅RBI carries out the OMO through commercial banks and does not directly deal with the public.OMO is one of the tools that RBI uses to smoothen the liquidity conditions through the year and minimise its impact on the interest rate and inflation rate levels.

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