Monday, August 24, 2020

RBI announces fresh OMO purchase, sale of G-Secs

The RBI on Tuesday announced special open market operations (OMO) of government securities worth Rs 20,000 crore. "On a review of current and evolving liquidity and market conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of G-Secs under OMO for an aggregate amount of Rs 20,000 crore in two tranches of Rs 10,000 crore each," the central bank said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34usomN

No comments:

Post a Comment

Viral Video Shows 3,000 Engineers Queuing Up For Job Interview In Pune

In a viral video, over 3,000 engineers were seen queuing outside a Pune-based company for a recent walk-in drive targeting junior developer ...