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RBI to inject Rs 1.9 lakh crore liquidity via OMO and forex swaps

RBI to inject Rs 1.9 lakh crore liquidity via OMO and forex swaps

TOI News Desk / TIMESOFINDIA.COM / Mar 5, 2025, 20:45 IST

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The RBI will inject ₹1.9 lakh crore liquidity into the banking system through open market operations (OMOs) and USD/INR swaps in March. It plans ₹1 lakh crore OMO purchases in two tranches on March 12 and 18, alongside a $10 billion forex swap on March 24. The central bank assures continued monitoring of liquidity conditions and readiness for further measures to ensure financial stability.

RBI to inject Rs 1.9 lakh crore liquidity via OMO and forex swaps

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NEW DELHI: The Reserve Bank of India (RBI) announced on Wednesday its plan to infuse Rs 1.9 lakh crore into the banking system through open market purchases of government securities and USD/INR swaps in March.
Following a review of liquidity conditions, the central bank will conduct open market operation (OMO) purchase auctions of government securities worth Rs 1 lakh crore in two tranches of Rs 50,000 crore each, scheduled for March 12 and March 18.
Additionally, a USD/INR Buy/Sell Swap auction worth $10 billion with a 36-month tenor is set for March 24 to further inject liquidity.
RBI had earlier conducted a $10 billion dollar-rupee swap on February 28, to inject long-term liquidity into the system, which received strong demand.
The central bank assured continued monitoring of liquidity and market conditions, with further measures as needed to maintain financial stability.

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