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Banking system

Reserve Bank of India to buy Rs 12,000-cr worth bonds to ease liquidity pressure

 Reserve Bank of India (RBI) announces Open Market Operations (OMOs) to buy Rs 12,000-cr worth bonds to ease liquidity pressure from the Banking System. Reserve Bank of India (RBI),  India’s central banking institution, announced the purchase of government securities aggregating Rs 12,000 crore through Open Market Operations (OMOs) on December 4 to ease the liquidity […] Continue reading →