Page content
RBI to infuse ₹1.45 trillion liquidity through bond buys, dollar-rupee swaps
The Reserve Bank of India (RBI) will infuse about ₹1.45 trillion of liquidity into the banking system, governor Sanjay Malhotra said on Friday while announcing policy rate decisions . This infusion will be through a mix of open market operation (OMO) purchases of ₹1 trillion and another ₹45,000 crore ($5 billion) through a three-year US dollar-rupee swap. [...]