Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
»
1-min read

RBI to Pump in Rs 15,000 Crore Through Bond Purchases on Thursday

The RBI uses open market operations (OMO) for injecting liquidity into the system through the purchase of government bonds (G-sec).

PTI

Updated:June 11, 2019, 11:42 PM IST
facebookTwitterskypewhatsapp
RBI to Pump in Rs 15,000 Crore Through Bond Purchases on Thursday
File photo of RBI headquarters in Mumbai. (Reuters)
Loading...

Mumbai: The Reserve Bank of India said Tuesday it will infuse Rs 15,000 crore into the financial system through bond purchases on Thursday.

"Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the RBI has decided to conduct purchase of (six) Government securities under OMOs for an aggregate amount of Rs 150 billion on June 13, 2019 (Thursday) through multi-security auction using the multiple price method," the central bank said in a statement.

It further said there is an overall aggregate ceiling of Rs 15,000 crore for all the securities in the basket put together and there is no security-wise notified amount.

The participants have to submit their offers in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system.

The result of the auction will be announced on the same day and payment to successful participants will be made on the following day.

The RBI uses open market operations (OMO) for injecting liquidity into the system through the purchase of government bonds (G-sec).

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Indiabulls Hsg 612.25 -1.50
Yes Bank 113.05 2.73
Axis Bank 788.60 0.89
Reliance 1,294.15 -0.13
Tata Steel 510.60 2.53
Company Price Change %Gain
HDFC Bank 2,467.10 1.58
Bharti Airtel 345.35 -0.89
Indiabulls Hsg 612.05 -1.56
Yes Bank 113.10 2.77
SBI Life Insura 716.55 6.17
Top Gainers
Company Price Change %Gain
Vedanta 177.85 4.40
Power Grid Corp 209.65 3.99
JSW Steel 277.15 3.78
Sun Pharma 399.45 3.55
Hindalco 208.35 2.89
Company Price Change %Gain
Vedanta 177.85 4.40
Power Grid Corp 209.85 4.12
Sun Pharma 399.30 3.59
Yes Bank 113.10 2.77
Tata Steel 510.50 2.59
Top Losers
Company Price Change %Gain
Britannia 2,732.90 -2.66
Indiabulls Hsg 612.25 -1.50
Infosys 739.20 -1.19
IndusInd Bank 1,434.80 -1.02
Bharti Airtel 345.55 -0.87
Company Price Change %Gain
Infosys 739.65 -1.12
IndusInd Bank 1,435.30 -1.02
Bharti Airtel 345.35 -0.89
Maruti Suzuki 6,477.00 -0.68
TCS 2,253.70 -0.58

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results