RBI To Inject Rs 37,500 Crore Through OMO In February
The Reserve Bank of India has stated that it will inject Rs 37,500 crore into the system through the purchase of government securities in February to increase liquidity.
RBI stated that it has decided to conduct the purchase of government securities under Open Market Operations (OMOs) for an aggregate amount of Rs 375 billion in the month of February 2019.