RBI doubles OMO purchase to ₹40,000 crore for Feb 13 to boost liquidity
The Reserve Bank of India (RBI) on Monday announced it will double the size of its open market operation (OMO) purchase to ₹40,000 crore for February 13, up from the ₹20,000 crore announced earlier. The move aims to ease the persistent liquidity deficit in the banking system. Company Value Change %Change “On a review of…