RBI Sells Rs 25,000 Crore of G-Secs to Absorb Surplus Liquidity as FCNR(B) Inflows Swell

RBI bond sales, FX intervention help halve India's cash overhang

Sustained Reserve Bank of India action through bond sales, foreign exchange swaps, and rupee defence has helped more than halve the banking system's liquidity surplus, bankers said.

RBI sells Rs 25,000 crore of G-secs to absorb surplus liquidity as FCNR(B) inflows swell

The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore of government securities through an Open Market Operation (OMO), as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, including through Foreign Currency Non-Resident (Bank) deposits.

RBI sells ₹25,000 crore govt securities to absorb surplus liquidity

The Reserve Bank of India (RBI) on Monday sold Rs 25,000 crore of government securities through an Open Market Operation (OMO), as the central bank continues to absorb surplus liquidity from the banking system following large foreign currency inflows, including through Foreign Currency Non-Resident (Bank) deposits.

RBI accepts Rs 25,000 crore in 2nd OMO sale amid surplus liquidity

Mumbai, Sep 21 (IANS) The Reserve Bank of India (RBI) on Monday accepted bids worth Rs 25,000 crore in the second tranche of its ongoing open market operation (OMO) sales […]