RBI buys bonds worth Rs 50,000 crore to inject more liquidity into banking system
Mumbai, Dec 11 (IANS) The Reserve Bank of India (RBI) on Wednesday bought government bonds worth Rs 50,000 crore from the market in order to infuse more liquidity in the banking system to spur growth in the economy.The purchase is part of the RBI's monetary policy announcement last week to inject Rs 1 lakh crore in the market via the purchase of…
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