Sunday, July 6, 2025
17 C
London

RBI to buy bonds worth Rs 20,000 crore

RBI to buy bonds worth Rs 20,000 crore through open market operations 

The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government’s borrowing programme.

“On a review of current liquidity and financial conditions, the RBI has decided to conduct a purchase of government securities under OMO for an aggregate amount of Rs 20,000 crore on February 10,” the RBI said in a statement. The central bank is expected to buy more at auctions to support the government’s huge borrowing programme.

Last week, RBI Governor Shaktikanta Das assured investors that its stance on liquidity remained accommodative and that the government’s Rs 12.06 lakh crore borrowing programme for the fiscal year starting April will be managed in a smooth and orderly manner.

The government raises money from the market to fund its fiscal deficit through dated securities and treasury bills.

World News

Senate’s “Most Dangerous” Tax Bill Sparks Outrage as Democrats Unite Against Billionaire Bailout

The Senate's tax bill is the most dangerous legislation...

Paramount’s $16 Million Settlement with Trump Over ‘60 Minutes’ Lawsuit

On July 2, 2025, Paramount Global reached a settlement...

Afghan National Pleads Guilty to ISIS-Inspired Election Day Terror Plot in Oklahoma

Afghan National and Accomplice Planned Mass-Casualty Attack on Election...

US Job Growth Revised Down by 818,000 in March 2023-March 2024

US Job Growth Was Less Than Expected – 818,000...

Paramount’s $16 Million Settlement with Trump Over ‘60 Minutes’ Lawsuit

On July 2, 2025, Paramount Global reached a settlement...

Political Constraints and Losses in Operation Sindoor – Why the Silence?

The recent controversy surrounding Indian Defense Attaché Captain Shiv...

India’s Operation Sindhu: Rescuing Thousands from Iran-Israel Conflict

On June 27, 2025, India officially announced the ongoing...

India Rejects Pakistan’s Court of Arbitration, Upholds Indus Waters Treaty

A Treaty That Stands Strong The Indus Waters Treaty (IWT),...

The Golf GTI EDITION 50: Fastest Volkswagen Ever on the Nürburgring

Wolfsburg, Germany – The Nürburgring Nordschleife, known as the “Green...

Related Articles