RBI to inject Rs 1.9 lakh crore liquidity via OMO and forex swaps
The RBI will inject ₹1.9 lakh crore liquidity into the banking system through open market operations (OMOs) and USD/INR swaps in March. It plans ₹1 lakh crore OMO purchases in two tranches on March 12 and 18, alongside a $10 billion forex swap on March 24. The central bank assures continued monitoring of liquidity conditions and readiness for further measures to ensure financial stability.
The RBI will inject ₹1.9 lakh crore liquidity into the banking system through open market operations (OMOs) and USD/INR swaps in March. It plans ₹1 lakh crore OMO purchases in two tranches on March 12 and 18, alongside a $10 billion forex swap on March 24. The central bank assures continued monitoring of liquidity conditions and readiness for further measures to ensure financial stability.
