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RBI Absorbs ₹25,000 Crore Banking System Liquidity Through Second OMO Bond Sale Amid Surplus Funds

RBI Absorbs ₹25,000 Crore Banking System Liquidity Through Second OMO Bond Sale Amid Surplus Funds
Photo: Free Press Journal · view original

Mumbai, Sep 21: The Reserve Bank of India (RBI) on Monday accepted bids worth Rs 25,000 crore in the second tranche of its open market operation (OMO) sale of government securities, as it stepped up efforts to absorb surplus liquidity from the banking system. The RBI accepted Rs 11,512 crore of t...

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