Reserve Bank of India announced open market purchase of government securities (G-Secs) for ₹1 lakh croreI.
The move followed a review of current and evolving liquidity conditions, the banking regulator said. The liquidity injection will happen in two tranches: ₹50,000 crore on March 12 and the rest on March 18, the statement said.
In addition, the RBI also announced it would undertake rupee/U.S. Dollar swaps n for $10 billion for a 36-month tenor on March 24, 2025.
“The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions” said the RBI in the statement
Published – March 05, 2025 09:38 pm IST