RBI does OMO is on page 13 of BSC
BSc magazine December The central bank said
it conducted open market operation (OMO) on
Sep 19
and provided a liberal infusion of liquidity through term repos in addition to the usual provision
via the liquidity adjustment facility (LAF). As
of Sep 26, banks
had availed of ZI88,000 cr BSc magazine December through term repos from the
Reserve Bank. Commercial
banks led by State I3ank of India (SRI), with an exposure of over 2473,500 cr to the non-banking financial companies (NBFCs), have assured liquidity support to the NBFC segment following intense speculation that the NBFC sector was facing a debt crisis BSc magazine December
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