The Economic Times

RBI injects Rs 50,000 crore via OMO; liquidity move comes ahead of advance tax, GST outflows

The Reserve Bank of India injected Rs 50,000 crore into the banking system via an open market operation to manage liquidity ahead of tax payments. This move supported India's benchmark 10-year bond yield, which remained flat. The RBI has infused a total of Rs 3.50 lakh crore through OMOs this calendar year.