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 crore each to be held on January 30, 2025, February 13, 2025, and February 20, 2025
- 56-day Variable Rate Repo (VRR) auction for a notified amount of ₹50,000 crore to be held on February 7, 2025
- USD/INR Buy/Sell Swap auction of USD 5 billion for a tenor of six months to be held on January 31, 2025
2. Detailed instructions for each operation shall be issued separately.
3. The Reserve Bank will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions.
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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