12-September-2026
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Markets and Finance
 
RBI to drain Rs 1 lakh crore via OMO sales
12-Sep-2026

The Reserve Bank of India on Friday announced sale government securities worth Rs 1 lakh crore through open market operations amid a surge in liquidity following the mobilisation of FCNR(B) deposits. It will be conducted in three tranches of Rs 50,000 crore, Rs 25,000 crore and Rs 25,000 crore on September 17, September 21 and September 28, 2026, respectively, the RBI said.

News Source:- https://www.financialexpress.com/business/news/rbi-to-drain-rs-1-lakh-crore-via-omo-sales/4337525/?ref=business_hp