Tag: Omo

Mumbai: Further addressing the liquidity concerns in the country, the Reserve Bank of India on Tuesday said it will buy government securities worth Rs 25,000 crore next month through two auctions of Rs 12,500 crore each. Open market operations (OMOs) are conducted by the RBI by sale or purchase of government securities (g-secs) to regulate money […]

Mumbai: A central bank ‘Operation Twist’ of the new calendar year began on Thursday with the Reserve Bank of India (RBI) announcing the simultaneous purchase and sale of government securities through special open market operations (OMOs) for Rs 10,000 crore each on January 6. In December, the RBI had for the first time ever conducted […]