RBI to buy ₹1 lakh crore bonds in December
pre-market1 source ↓written by the desknot a recommendation
- of bonds
- ₹1 lakh crore
The Reserve Bank of India (RBI) plans to purchase ₹1 lakh crore of bonds in December through open market operations. This move aims to inject liquidity and counter rupee outflows, with purchases occurring in two tranches of ₹50,000 crore each. This is the first auction since May, signaling a proactive approach to stabilize the market.
Not investment advice. For informational purposes only.