(Reuters) - The Reserve Bank of India (RBI) on Friday said it would buy 400 billion rupees ($5.45 billion) worth of government bonds via open market operations (OMO) in November to inject liquidity into the market.
The move comes amid worries of a liquidity crunch after defaults at one of the country's largest infrastructure financing companies.
($1 = 73.4550 Indian rupees)
(Reporting By Arnab Paul in Bengaluru; Editing by Amrutha Gayathri)
Disclaimer: No Business Standard Journalist was involved in creation of this content
