open market operations Current Affairs, GK & News

Open Market Operations

Open Market Operations refer to the purchase and sale of the Government securities (G-Secs) by RBI from / to market. The objective of Open Market Operations is to adjust the rupee liquidity conditions in the economy on a durable basis. When RBI sells government security in the markets, the banks purchase them. When the banks ..

RBI to conduct OMO of ₹20,000 Crores

The Reserve Bank of India (RBI) have announced that it will purchase four government securities (G-Secs) that amounts to ₹20,000 crore. The central bank will purchase it on February 10, 2021 under the open market operations (OMOs). Highlights This move was announced in aftermath of the yields that was moving up to touch the intra-day ..

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Finance Minister allows five states to raise financial resources through Open Market Borrowings

The Finance Minister Nirmala Sitaraman recently allowed five states to raise additional financial resources of Rs 9,913 crores such as Telangana, Andhra Pradesh, Karnataka, Tripura and Goa. Highlights The states were granted permission as they have successfully implemented One Nation One Card System. The Central Government has been helping the states largely post pandemic. COVID-19 ..

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RBI to conduct Special OMOs on 2nd July to Pump up Liquidity

On 29th June 2020, the Reserve Bank of India (RBI) has announced that it will be conducting a special Open Market Operations (OMOs) on 2nd July 2020. The Open Market Operations was announced after reviewing the market conditions and evolving liquidity situations in banks. Through this special Open Market Operations, the aim will be to ..

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RBI to Infuse Rs 15,000 crores into the Financial System

The Reserve Bank of India (RBI) has decided to infuse Rs 15,000 crore into the financial system through purchase of government bonds via the auction route. The purchase of government securities would be through open market operations. Open Market Operations Open market operations are conducted by the RBI through sale or purchase of government securities ..

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