RBI To Conduct OMOs Worth Rs 10K Cr On May 6 ...Middle East

Mumbai:  To pump up liquidity, the Reserve Bank of India will conduct a one-day ‘Open Market Operations’ on May 6 to simultaneous purchase and sell government securities. The OMO session will see simultaneous purchase and sale of government securities worth Rs 10,000 crore. Under this OMO, the RBI will sell short-term securities worth Rs 10,000 […] The post RBI To Conduct OMOs Worth Rs 10K Cr On May 6 appeared first on Ommcom News.

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