RBI to inject additional Rs 30,000 cr to maintain financial stability in wake of COVID-19 outbreak

The Reserve Bank of India on Friday decided to infuse additional liquidity with a second tranche of bond purchase worth ?30,000 crores amid the Covid-19 pandemic. AIR correspondent reports that on the backdrop of Corona virus outbreak, the Apex Bank has decided to to ensure that all markets segments function normally with adequate liquidity and turnover. As part of this endevour, the central bank willconduct purchase of government securities under open market operations (OMOs) for an aggregate a...