Marathi | HIndi

Epaper
Follow us:
Home > Maharashtra > RBI's third tranche of Rs 40,000 crore OMO on June 17
RBI's third tranche of Rs 40,000 crore OMO on June 17 English.Lokmat.com

RBI's third tranche of Rs 40,000 crore OMO on June 17

The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
RBI's third tranche of Rs 40,000 crore OMO on June 17

The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).

The central bank will purchase government securities of Rs 40,000 crore on June 17. Of this, state development loans will be purchased up to Rs 10,000 crore, it said in a statement.

The result of auctions will be announced on the same day and successful participants should ensure availability of securities in their SGL account by 12 noon the next day.

Under the second tranche, the RBI purchased Rs 35,000 crore under the G-SAP 1.0 on May 20 and purchased Rs 25,000 crore under first tranche on April 15.

With the third tranche, the RBI will complete the Rs one lakh crore target announced for G-SAP in Q1.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

RBI's third tranche of Rs 40,000 crore OMO on June 17
MLA Jayant Patel honours pointsman Mayur Shelke for his bravery with an award of Rs 50,000
Maharashtra Rains: IMD issues red alert for Raigad and Ratnagiri
Kishori Pednekar: Data of COVID deaths not being hidden, Mumbai does not have rivers to dump bodies
Shocking Video! Metal and steel objects stick to body of senior citizen after taking 2nd dose of covid vaccine