RBI to Inject Nearly Rs 3 Lakh Crore via OMOs to Offset Forex Intervention Impact
In a significant move aimed at stabilizing liquidity conditions in the Indian economy, the Reserve Bank of India (RBI) has announced plans to inject nearly Rs 3 lakh crore through Open Market Operations (OMOs). This step comes as the central bank seeks to balance the impact of its aggressive forex interventions, which have been undertaken…