Focus Merit

RBI to infuse Rs 30,000 crore to uplift liquidity

Reserve Bank Of India (RBI)
  • The Reserve Bank of India (RBI) will infuse liquidity of Rs 30,000 crore by purchasing of Government securities under Open Market Operations (OMOs) to maintain financial stability in the Indian economy.
  • RBI has took this decision to improve liquidity in order to ensure that all markets segments function normally with adequate liquidity and turnover, as certain financial market segments are facing stress due to COVID-19 outbreak.