RBI to inject ₹3 trillion liquidity via OMO and forex swap
pre-market1 source ↓written by the desknot a recommendation
- in four tranches
- ₹2 trillion
- four tranches starting
- 29 Dec
- buy-sell swap
- $10 billion
- aims to enhance
- 13 Jan
The Reserve Bank of India plans to inject ₹3 trillion into the banking system through open market operations (OMOs) and a forex swap. This includes purchasing government securities worth ₹2 trillion in four tranches starting 29 Dec. Additionally, a $10 billion buy-sell swap on 13 Jan aims to enhance liquidity further.
This move is expected to ease liquidity constraints and support market stability, ensuring adequate funds are available for banks to operate effectively.
Not investment advice. For informational purposes only.