April 15, 2021

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RBI to conduct simultaneous sale-purchase of G-Secs

The Reserve Bank on Wednesday announced open market operations for sale as well as purchase of government securities for Rs 15,000 crore each. On a review of current liquidity and financial conditions, the central bank has decided to conduct simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 15,000 crore each on March 4, 2021, RBI said....

The Reserve Bank on Wednesday announced open market operations for sale as well as purchase of government securities for Rs 15,000 crore each. On a review of current liquidity and financial conditions, the central bank has decided to conduct simultaneous purchase and sale of government securities under OMO for an aggregate amount of Rs 15,000 crore each on March 4, 2021, RBI said.

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