RBI to Inject ₹1 Lakh Crore via OMO G-Sec Purchase
Massive Liquidity Injection RBI announces ₹1 lakh crore Open Market Operation purchase of government securities in two equal tranches, ₹50,000 crore each on March 9 and March 13, 2026
Year-End Liquidity Crunch Banking system faces cash outflows from GST payments, advance tax obligations ahead of March 31. Current surplus ₹3.02 lakh crore could evaporate without intervention
Bond Market Support OMO prevents sharp yield spike during government borrowing crunch. Keeps 10-year G-Sec yields stable around 6.67%. Crucial amid Iran war volatility pushing global bond yields higher
Auction Mechanics Offers accepted electronically via E-Kuber system 9:30-10:30 AM. Results announced same day. RBI reserves right to accept/reject offers without assigning reasons. Securities must be in SGL accounts by noon next day