RBI to inject durable liquidity through OMO purchase auction in June 2019

Based on a review of the evolving liquidity conditions and assessment of the durable liquidity needs going forward, RBI has decided to conduct purchase of Government securities under Open Market Operation (OMO) for ₹ 150 billion on June 13, 2019. The Government securities to be purchased in the auction would be communicated in due course. Ajit Prasad Assistant Adviser Press Release : 2018-2019/2761

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