RBI's Bold Move: Over ₹10,000 Crore in Gilts Purchased to Boost Market Liquidity!

The Reserve Bank of India (RBI) has recently net bought over ₹10,000 crore in government securities from the secondary market across three sessions. On January 15, the RBI purchased ₹2,570 crore, followed by ₹4,480 crore on January 16, and ₹3,125 crore on January 17. This strategic move aims to inject durable liquidity into the banking system, which has been facing a deficit since mid-December. Analysts view this intervention as a positive step to bolster liquidity conditions and stabilize government bond yields amid ongoing economic challenges.

 

Source: Economic Times, Times of India, rbi.org