The Reserve Bank of India (RBI) on Tuesday received bids exceeding twice the notified amount in its open market operation (OMO) purchase from banks. The apex bank got bids worth more than Rs 1.01 ...
The discount in the auction on Wednesday was 30 paise, while the previous OMO auctions have seen discounts of 40-50 paise. The next OMO purchase is scheduled for March 18, where the liquidity deficit ...
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