The Reserve Bank of India (RBI) will inject Rs 1.9 lakh crore into the banking system through bond purchases and forex swaps to ease liquidity constraints ahead of tax outflows. These measures aim to stabilise markets,

India’s monetary authority will pump in another $21.5 billion worth of cash via bond purchases and a forex swap as the banking system braces for financial year-end tightness in liquidity before March 31.

India's central bank said on Wednesday it will infuse $21 billion in rupee liquidity into the banking system in a bid to ease lending conditions and boost economic growth. The Reserve Bank of India (RBI) "will continue to monitor evolving liquidity and market conditions and take measures as appropriate to ensure orderly liquidity conditions,

The RBI had previously conducted a $10 billion dollar-rupee swap on February 28 to inject long-term liquidity into the system, which saw strong demand.

The central bank in a statement said that the measures, purchase of government bonds under open market operations (OMO) and foreign currency swaps, taken on a review of current and evolving liquidity

The Reserve Bank of India (RBI) on Wednesday said that it will infuse liquidity through Open Market Operations (OMO) purchases and USD/INR Buy/Sell swap auctions.

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable rupee liquidity into the banking system, which has been reeling under large cash deficits,