RBI Sells Rs 25,000 Crore of G-Secs to Absorb Surplus Liquidity as FCNR(B) Inflows Swell
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4 Articles
RBI Sells Rs 25,000 Crore of G-secs to Absorb Surplus Liquidity as FCNR(B) Inflows Swell
Get latest articles and stories on Business at LatestLY. The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore of government securities through an Open Market Operation (OMO), as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, including through Foreign Currency Non-Resident (Bank) deposits. Business News | RBI Sells Rs 25,000 Crore of G-secs to Absorb Surplus Liqui…
RBI sells ₹25,000 crore govt securities to absorb surplus liquidity
The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore of government securities through an Open Market Operation (OMO), as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, including through Foreign Currency Non-Resident (Bank) deposits.
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