Mumbai (Maharashtra) [India], June 10 (ANI): The Reserve Bank of India (RBI) said on Thursday it will conduct third tranche of open market purchase of government securities and state development loans under G-sec Acquisition Programme (G-SAP 1.0).
Read more about RBI s 3rd tranche of open market purchase of Rs 40,000 cr G-Secs on Jun 17 on Business Standard. The RBI will be buying bonds of 20 states in the G-SAP, which will be held on June 17.
The Reserve Bank will purchase government securities and state development loans (SDLs) through a multi-security auction using the multiple price method.Unde