On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct simultaneous purchase and sale of Government securities under Open Market Operations (OMO) for an aggregate amount of Rs 15,000 crore each on March 04, 2021. The Reserve Bank will purchase and sell the securities using the multiple price auction method. The Reserve Bank reserves the right to decide on the quantum of purchase/sale of individual securities, accept bids/offers for less than the aggregate amount, purchase/sell marginally higher/lower than the aggregate amount due to rounding-off, accept or reject any or all the bid/offers either wholly or partially without assigning any reasons.
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