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Open Market Operations
July 4 , 2020
1698 days
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- Reserve Bank of India (RBI) has announced fresh Open Market Operations (OMO) for the sale and purchase of Government Securities (G-Secs) worth 10000 crores.
- The RBI took the decision after considering the current liquidity and market situation.
- The RBI issues securities through auctions on the Core Banking Solution (CBS) platform named E-Kuber.
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