Omo
Recent Highlights
All Stories for Omo
Operation Twist: What does it mean and why RBI wants to be an active player in bond market
Madan •At the time of the first simultaneous OMO announced, the 10-year yield was 6.75 percent and after the two rounds of Operation Twist has come down to 6.51 percent.
RBI announces special OMO of Rs 10,000 cr on 6 January; may accept or reject offers without explanations
•The Reserve Bank of India (RBI) on Monday will carry a special simultaneous open market operation to buy and sell government bonds of Rs 10,000 crore each.
Sensex drops over 150 points, Nifty above 12,200-mark in opening trade; Bharti Airtel, RIL among top losers
•Titan was the top gainer in the Sensex pack, rising up to 2 percent after its inclusion in the index. Kotak Bank, Tata Steel, UltraTech Cement, ONGC, HUL and TCS were also trading in the green.
Rupee settles 9 paise down at 71.12 against dollar on rise in crude oil prices, strong greenback overseas
•Forex traders said the rupee was weighed down against the US dollar after the RBI said it will conduct a special OMO in a move seen by market participants as an attempt to bring long-term yields lower.
RBI to pump in Rs 12,500 cr liquidity into financial system on 20 June through bond purchases
•The Reserve Bank of India said on Thursday said it will infuse Rs 12,500 crore into the financial system through bond purchases on 20 June
RBI to pump in Rs 15,000 cr liquidity into financial system on Thursday through bond purchases
•The Reserve Bank of India said on Tuesday it will infuse Rs 15,000 crore into the financial system through bond purchases on Thursday
RBI gets higher demand for second 3-year dollar-rupee swap auction at $18.65 bn against $16.31 bn in maiden auction
•RBI introduced the tool, wherein it buys dollars from banks for three years and offer them rupees in return, last month to bridge the liquidity gap
Reserve Bank of India scales up liquidity infusion to Rs 50,000 cr in December
•The Reserve Bank has decided to inject liquidity under OMOs for Rs 50,000 crore in January 2019.
Shaktikanta Das is new head of RBI: Will former bureaucrat be able to get central bank, govt on same page?
Madan •Shaktikanta Das worked with the government and hence knows how the machinery works which is very important at a time when there is constant dialogue needed between the Central bank and the Finance Ministry.
RBI to infuse Rs 10,000-cr liquidity into system through open market operations on Thursday
•RBI resorts to purchase of bonds to infuse liquidity in the system while sucks it out by selling the instruments.