The RBI will inject liquidity of Rs 30,000 Cr through open market operations next week to maintain financial stability in the system in the wake of the coronavirus outbreak. The RBI has decided to conduct purchase of Govt securities under open market operations (OMOs) for an aggregate amount of Rs 30,000 Cr in two tranches of Rs 15,000 Cr each in March, the central bank said in a statement.
-Business Standard
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-Business Standard