RBI to inject Rs 12,000 cr into system on Oct 11 to manage liquidity
"Based on an assessment of prevailing liquidity conditions and also of the durable liquidity needs going forward, the Reserve Bank has decided to conduct purchase of the following government securities under Open Market
The Reserve Bank announced it will inject Rs 12,000 crore liquidity into the system through purchase of government bonds to meet the festival season demand for funds, Image source:Reuters