Competition Refresher

Competition Refresher

An article about RBI to infuse Rs 36,000 crore to ease liquidity is on the 45th page of competiion refresher magazine
Competition refresher The Reserve Bank of India (RBI) has decided to infuse .Rs. 36,000 through open market purchase of bonds in October as liquidity has tightened due to an uptick in loan demand in the festive season. "Based 'on .an assessment of the durable liquidity competition magazine needs going forward and the seasonal growth in currency in circulation observed in build-up to the festive season, RBI has decided to conduct purchase of Government securities under Open Market competition- Buy Operations (0M0s) for-an aggregate amount-of Rs. 360 billion in the month of October 2018," RBI said adding that the auctions would be conducted during the second, third and fourth week of October.

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