Question

Why did rbi of india transfer money to the govt?

Answer 1

Answer:

Explanation:

The net liquidity injection from the RBI as a result of this exercise will amount to Rs 1,48,051 crore (Rs 1,76,051 crore minus Rs 28,000 crore already paid). ... This is now updated for approximately Rs 58,000 crore of excess transfer and still leaves open market operations (OMO) purchase of bonds in play from the RBI.

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