RBI to invest ₹10,000 crores into markets
March 19, 2020
RBI will invest ₹10,000 crores into markets via bonds due to the virus outbreak. Around five years of security would be bought through open market operations.
RBI said, “Certain markets are affected due to the outbreak of the virus. The Main focus of the Bank is to ensure all market segments are stable”.
Central Bank said, “According to the current situation of the market RBI has decided to conduct open market operations.