How much will rbi infuse into the system through open market operation to increase liquidity?
Answers
Answered by
0
Explanation:
The Reserve Bank of India Tuesday said it will infuse Rs 12,500 crore of liquidity into the system through purchase of government bonds.
The Central bank would purchase five government bonds under open market operations (OMOs) on June 20.
"Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the RBI has decided to conduct purchase of five government securities under OMOs for an aggregate amount of Rs 12,500 crore on June 20, 2019 (Thursday)," RBI said in a release.
Similar questions