Quick Summary
On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system: OMO purchase auctions of Government of India securities for an aggregate amount of ₹60,000 crore in three tranches of ₹20,000
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FAQ :
The main goal is to inject liquidity into the banking system and ensure orderly liquidity conditions.
The RBI will inject ₹60,000 crore through OMO purchase auctions of Government of India securities.
The auctions will be held on January 30, 2025, February 13, 2025, and February 20, 2025, each for ₹20,000 crore.
The 56-day Variable Rate Repo (VRR) auction for ₹50,000 crore is scheduled for February 7, 2025.
The USD/INR Buy/Sell Swap auction of USD 5 billion is for a tenor of six months and will be held on January 31, 2025.
Yes, the Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate.
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