Reserve Bank of India (RBI) will flow Rupees 10,000 crore into the market on Wednesday by buying government securities to ease the liquidity situation as it is under stress due cash balance on government getting increased.
RBI will conduct Open Market Operations on January 22, 2014 by purchasing the government securities for an aggregate amount of Rs 10,000 crore and this will be held through the multi-security auction using the multiple price method.
