Home Economy Open market purchase of G-secs on June 17

Open market purchase of G-secs on June 17

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The Reserve Bank of India (RBI) mentioned it’s going to conduct the third tranche of open market buy of presidency securities of ₹40,000 crore below the G-sec Acquisition Programme (G-SAP 1.0) on June 17, 2021, as introduced earlier this month. Of this, state improvement loans (SDLs) as much as ₹10,000 crore could be bought, RBI mentioned.



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