Supreme Court: Issues of Party Capacity and Maintainability Must Be Decided by Arbitral Tribunal  ||  Supreme Court: Omissions in Chief Examination Can Be Rectified During Cross-Examination  ||  Supreme Court: Items Given by Accused to Police Are Not Section 27 Recoveries under Evidence Act  ||  Gujarat High Court: Waqf Institutions Must Pay Court Fees When Filing Disputes in State Tribunal  ||  Allahabad High Court: Law Treats All Equally, State Cannot Gain Undue Benefit from Delay Condonation  ||  SC: SARFAESI Act Was Not Applicable in Nagaland Before its 2021 Adoption, Dismisses Creditor’s Plea  ||  SC: Lis Pendens Applies To Money Suits on Mortgaged Property, Including Ex Parte Proceedings  ||  Kerala HC: Civil Courts Cannot Grant Injunctions in NCLT Matters and Such Orders Can Be Set Aside  ||  Bombay High Court: Technical Breaks to Temporary Employees Cannot Deny Maternity Leave Benefits  ||  NCLAT: Appellate Jurisdiction Limited to Orders Deciding Parties’ Rights, Not Procedural Directions    

RBI Announces OMO Purchase of Government of India Dated Securities- (Reserve Bank of India) (06 Sep 2016)

MANU/RPRL/0224/2016

Banking

Based on the current assessment of prevailing and evolving liquidity conditions, the Reserve Bank has decided to conduct purchase of Government securities under Open Market Operations for an aggregate amount of `100 billion on September 08, 2016 (Thursday) through multi-security auction using the multiple price method.

RBI reserves the right to:
Decide on the quantum of purchase of individual securities.
Accept less than the aggregate amount of ` 100 billion.
Purchase marginally higher than the aggregate amount due to rounding off effects and other relevant factors.
Accept or reject any or all of the offers either wholly or partially without assigning any reason.

Tags : GOVERNMENT SECURITIES   PURCHASE   OPEN MARKET OPERATIONS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved