New Delhi, Dec 23 (UNI) In a bid to inject liquidity in the banking system, the Reserve Bank of India (RBI) on Tuesday announced a series of measures, including open market operations (OMOs) worth Rs 2 lakh crore and a USD 10 billion dollar-rupee swap.
The central bank said it would conduct OMO purchase auctions of Government of India securities for an aggregate amount of Rs 2,00,000 crore in four tranches of Rs 50,000 crore each.
These auctions will be held on December 29, January 5, January 12 and January 22, according to an official statement.
Besides, the RBI will conduct a USD/Rupee buy-sell swap auction of USD 10 billion with a tenor of three years on January 13, 2026. The move is expected to infuse durable liquidity into the financial system and ease pressure in money markets.
RBI to Inject Rs 2 Lakh Cr Liquidity, Announces Dollar Swap
