RBI to inject additional Rs 30,000 Cr to maintain financial stability in wake of COVID-19 outbreak
RBI decided to infuse additional liquidity with a second tranche of bond purchase worth ₹30,000 crores amid the Covid-19 pandemic. RBI will conduct purchase of government securities under Open Market Operations in 2 tranches of Rs 15,000 Cr each in March.
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RBI Governor- Shaktikanta Das, RBI HQ- Mumbai.