RBI to conduct OMOs of simultaneous purchase and sale of govt securities
The decision was taken after a review of the current liquidity and financial conditions, the RBI said in a statement.
The decision was taken after a review of the current liquidity and financial conditions, the RBI said in a statement.
The estimated gross market borrowing in the financial year 2020-21 will be Rs 12 lakh crore in place of Rs 7.80 lakh crore as per Budget Estimate (2020-21).
The decision comes amid concerns of a liquidity crisis in the economy after the financial services company IL&FS reported defaults in September.
