Back to Career News

RBI to invest ₹10,000 crores into markets

March 19, 2020

RBI to invest ₹10,000 crores into markets

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.

Recommended for you ...

Nirmala Sitharaman Continues as Finance Minister in Modi's Third Term
Nirmala Sitharaman Continues as Finance Minister in Modi's Third Term

June 11, 2024

BFSI Industry Shares Expectations from New Government
BFSI Industry Shares Expectations from New Government

June 11, 2024

RBI Keeps Repo Rate Unchanged for Eighth Time in a Row
RBI Keeps Repo Rate Unchanged for Eighth Time in a Row

June 11, 2024

Chat on WhatsApp