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RBI to infuse Rs.15,000 crore into financial system

Date: 11 June 2019 Tags: Banking Schemes & Policies
  • Reserve Bank of India (RBI) has decided to infuse Rs.15,000 crore into the financial system through bond purchases.
  • The capital infusion into the system will be through Open Market Operations (OMO) through purchase of government bonds (G-sec).
  • It will be conducted through purchase of six G-sec under OMOs through multi-security auction using multiple price method.
  • RBI made this decision after assessing of prevailing liquidity conditions and also of durable liquidity needs that are going forward.