Diabytes
RBI open market operations News
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The OMO operation will help ease tight liquidity situation triggered by series of default by group companies of IL&FS.
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India is expected to clock a GDP growth of 6.9 percent this fiscal, which is likely to recover to 7.2 percent in 2017-18, says a Bank of America Merrill Lynch (BofAML) report.
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The Reserve Bank today said it will buy government securities via open market operations (OMOs) on March 10 to infuse liquidity of Rs 15,000 crore into the system.
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