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G-SAP 1.0: RBI to make 2nd G-secs purchase worth Rs 35,000 cr on May 20 Das had announced on April 7 the RBI will put in place what is termed as a "secondary market G-sec acquisition programme" or G-SAP 1.0 for 2021-22.First purchase of Rs 25,000 crore in April received an enthusiastic response from market BusinessToday.In | May 5, 2021 | Updated 11:42 IST Governor Shaktikanta Das Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced the second purchase of government securities worth Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) on May 20. This will...

RBI Governor Shaktikanta DasRBI Governor Shaktikanta Das MUMBAI: The Reserve Bank of India on Wednesday announced a targeted on-tap liquidity window of Rs 50,000 crore to set up Covid-related healthcare infrastructure to counter the devastating coronavirus surge gripping the country. "Under the scheme, banks can provide fresh lending support to a wide range of entities including vaccine manufactures; importers/suppliers of vaccines and priority medical devices; hospitals/dispensaries; pathology labs; manufactures and suppliers of oxygen and ventilators; importers of vaccines and Covid relate...

RBI to purchase G-Secs worth Rs 35,000 crore under G-SAP 1.0 on May 20 SECTIONS Last Updated: May 05, 2021, 01:47 PM IST Share Synopsis The first purchase of Rs 25,000 crore last month received an enthusiastic response from the market, RBI Governor Shaktikanta Das said. RBI Governor Shaktikanta Das announced a slew of measures to provide relief to various segments of the economy. Related MUMBAI: The RBI on Wednesday said the second purchase of government securities worth Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) will be done on May 20 for an orderly evolution of the yi...

May 05, 2021 Shaktikanta Das, Governor, RBI (File photo)   -  PAUL NORONHA× Second auction of G-Secs for ₹35,000 cr under G-SAP 1.0 to be held on May 20 The Government Securities (G-Secs) prices rose on Wednesday as the Reserve Bank of India (RBI) decided to increase the quantum of the G-Secs it will purchase at the second auction, under the G-Sec Acquisition Programme (G-SAP 1.0), to ₹35,000 crore as against ₹25,000 crore, it purchased during the first auction. “The second auction of the G-Secs for an aggregate amount of ₹35,000 crore under G-SAP 1.0 will be conducted on May 20...

URL copied Image Source : PTI (FILE) RBI announces second purchase of Rs 35,000 crore G-secs to boost liquidity amid Covid crisis RBI on Wednesday said the second purchase of government securities worth Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) will be done on May 20 for an orderly evolution of the yield curve as a fresh COVID-19 wave threatens to hit the economy. The first purchase of Rs 25,000 crore last month received enthusiastic response from the market, Reserve Bank of India (RBI) Governor Shaktikanta Das said while announcing s...