SC: Courts Must Curb Unlicensed Money Lenders; Probes Need Not Wait For New Law  ||  SC: Gratuity May be Withheld While Criminal or Disciplinary Proceedings are Pending Against Employee  ||  SC: Weapon Recovery Useless Without Proof Linking it to Crime under Section 27 Evidence Act  ||  SC: Fines Also Run Concurrently When Sentences For Multiple Offences Run Concurrently  ||  SC Dissolves 10-Year Estranged Marriage, Quashes 80+ Cases in 'Matrimonial Mahabharata' Dispute  ||  SC: Board Resolution Signature Alone Doesn’t Prove Director’s Knowledge of Company Affairs  ||  Raj HC: Industrial Tribunal Allowing Workman Legal Representation But Denying Employer is Unequal  ||  Karnataka HC: Service Bonds Enforceable on Students With Subsidised Education, Not Bonded Labour  ||  Gauhati HC: Challenge to Marks Barred by Constructive Res Judicata When Party Accepts Limited Remand  ||  SC: Cheque Dishonour Complaint Can't be Quashed Pre-Trial if Sec 138 NI Act Conditions Met    

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 2026 - All Rights Reserved