Mumbai, Dec. 8 -- The Reserve Bank said it will be conducting OMO purchase for an aggregate amount of Rs.50,000 crore on December 11, 2025. Accordingly, the Reserve Bank will purchase the Government securities through a multi-security auction using the multiple price method. The Reserve Bank further stated that it reserves the right to decide on the quantum of purchase of individual securities, accept bids for less than the aggregate amount, purchase marginally higher/lower than the aggregate amount due to rounding-off and accept or reject any or all the bids either wholly or partially without assigning any reasons.
Published by HT Digital Content Services with permission from Capital Market....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.