RBI Announces ₹1 Lakh Crore Bond Sale to Absorb Surplus Liquidity
New Delhi, Sept. 15: The Reserve Bank of India has announced plans to sell government securities worth ₹1 lakh crore through open market operations, marking its first large scale net sale of bonds in two years as the central bank seeks to absorb excess liquidity from the financial system.
The move comes amid a substantial surplus of funds within…
Read More...