RBI to infuse Rs 10K cr into market to ease liquidity via OMOs

The Reserve Bank of India will infuse as much as Rs 10,000 crore on October 7 by purchasing government securities to ease liquidity in the market.

More CRR cuts, OMOs depend on liquidity crunch: Gokarn

Use of CRR or OMOs as instruments to ease liquidity shortage will depend on the nature of deficit, he told reporters at the customary post-policy meeting.