Open Market Operations on Wednesday by RBI

September 15, 2018

Next week on Wednesday, the RBI will conduct open market operations to buy Rs 10,000 crore worth of government bonds from the market, a move that will inject cash into the system.

It will help checking rising market rates. “Based on an assessment of liquidity conditions and of durable liquidity needs, RBI has decided to conduct purchase of government securities under Open Market Operations,” RBI said

About nehanchal

I am Nehanchal. 3 years ago, I started my career as content writer at Money classic Research. I am fascinated with this job and I feel habit of reading and writing enhances your skills. I love to write technical and health blogs. However, I am engineer turned writer and pursued graduation at Rajiv Gandhi Prodyogiki Vishwavidhyalaya.
By: nehanchal

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