Page 15 - Acquisition Programme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Eyes securities worth ₹25,000 crore A day after announcing the introduction of the G-sec Acquisition Programme (G-SAP 1.0), the Reserve Bank of India (RBI) on Thursday announced the Open Market Purchase of Government of India Securities under the programme . “The Reserve Bank will conduct open market purchase of government securities of ₹1 lakh crore under the G-sec Acquisition Programme (G-SAP 1.0) in Q1 2021-22 with a view to enabling a stable and orderly evolution of the yield curve. The first purchase of government securities for an aggregate amount of ₹25,000 crore under G-SAP 1....

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RBI announces open market purchase of Rs 25,000 crore govt securities on Apr 15 Eligible participants are required to submit their bids in electronic format on the RBI Core Banking Solution (E-Kuber) system between 10 am and 11 am on April 15. The apex bank said that physical bids will be accepted only in the event of a system failure BusinessToday.In | April 8, 2021 | Updated 18:10 IST Following RBI Governor Shaktikanta Das' announcements on Wednesday, the apex bank notified on Thursday that it would conduct open market purchase of government securities of Rs 1 lakh crore under the G-sec Ac...

Given the rise in the spread of the coronavirus (Covid-19) infection and imposition of fresh localised lockdowns, the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) on Wednesday decided to leave the key repo-rate unchanged at 4 per cent. It also maintained the policy stance as ‘accommodative’ to keep the liquidity taps running in the economy. “The recent surge in infections, however, imparts greater uncertainty to the outlook,” RBI governor Shaktikanta Das said today, setting the stage for the financial year of 2021-22 (FY22). April policy was the first bi-month...

A clear commitment to liquidity infusion through the G-Sec Acquisition Programme (G-SAP) and other growth-enhancing measures announced by the RBI on Wednesday led bankers to give a thumbs-up to the first policy review of the new fiscal. "The RBI policy statement is a clear commitment to assuage uncertainties in the market through guaranteed, continued liquidity support and explicit guidance to navigate through the current COVID surge, the duration of which is uncertain," SBI's Chairman Dinesh Khara said. Welcoming other measures such as co-lending with non-banks being classified as priorit...