How much additional liquidity is the Reserve Bank of India planning to inject into the banking system?
₹1.1 lakh crore
Why in the news?
“RBI to Inject ₹1.1 Lakh Crore into Banking System via Open Market Operations and Repo Auctions”
The Reserve Bank of India plans to inject ₹1.1 lakh crore into the banking system through open market purchase auctions of Government securities and a variable rate repo auction, aiming to address liquidity needs and ensure financial stability.
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