First OMO purchase auction under RBI’s latest liquidity infusion measures gets huge response from banks

The RBI sought to buy five government securities (G-Secs/GS) via the OMO purchase auction from Banks. But it accepted offers aggregating Rs ₹20,020 crore (face value).

First OMO purchase auction under RBI’s latest liquidity infusion measures gets huge response from banks
The RBI sought to buy five government securities (G-Secs/GS) via the OMO purchase auction from Banks. But it accepted offers aggregating Rs ₹20,020 crore (face value).

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

FEDA-HQ The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.