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RBI to pump in Rs 15,000 cr liquidity Thursday – Moneycontrol
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RBI to pump in Rs 15,000 cr liquidity Thursday – Moneycontrol


Final Up up to now : Jun 11, 2019 10: 33 PM IST | Supply:PTI

The participants must post their provides in digital format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

The Reserve Bank of India stated June 11 this is in a position to presumably infuse Rs 15,000 crore into the economy by bond purchases on June 13. “Per an evaluation of prevailing liquidity stipulations and also of the durable liquidity wants going forward, the RBI has made up our minds to conduct consume of (six) Authorities securities below OMOs for an aggregate amount of Rs 150 billion on June 13, 2019 (Thursday) by multi-security auction the exhaust of the a pair of label diagram,” the central financial institution stated in a assertion.

It further stated there might be an overall aggregate ceiling of Rs 15,000 crore for the overall securities in the basket put collectively and there might be not always any security-wise notified amount.

The participants must post their provides in digital format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

The implications of the auction will be launched on the the same day and payment to a hit participants will be made on the following day.

The RBI makes exhaust of originate market operations (OMO) for injecting liquidity into the system by the consume of presidency bonds (G-sec).

First Printed on Jun 11, 2019 10: 32 pm

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