RBI announces Open Market Purchase under G-sec Acquisition Programme 2.0

Source: The Hindu What is the News? Reserve Bank of India(RBI) has announced that it will conduct an open market purchase of government securities worth Rs 25,000 crore under the G-sec Acquisition Programme (G-SAP 2.0). About G-Sec Acquisition Programme(G-SAP): G-Sec Acquisition Programme(G-SAP) is basically an unconditional and a structured open market operation (OMO), of a… Continue reading RBI announces Open Market Purchase under G-sec Acquisition Programme 2.0

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