Latin Manharlal Chat
BSE Prices delayed by 5 minutes...
     Prices as on May 12, 2021     
  ABB India 1403.5 [ 2.57% ]
  ACC 1883.3 [ -1.39% ]
  Ambuja Cements Ltd. 309 [ -1.87% ]
  Axis Bank Ltd. 691.3 [ -2.23% ]
  Bajaj Auto Ltd. 3878.55 [ -0.10% ]
  Bank of Baroda 77.45 [ 4.59% ]
  Bharti Airtel 561.8 [ -1.13% ]
  Bharat Heavy Ele 71.35 [ -2.73% ]
  Bharat Petroleum 449.2 [ -2.79% ]
  Cipla 898.7 [ 0.89% ]
  Coal India 153.5 [ -1.32% ]
  Colgate Palm. 1528.55 [ 0.00% ]
  Dabur India 529.25 [ 0.72% ]
  DLF Ltd. 265.4 [ -0.02% ]
  Dr. Reddy's Labs 5302 [ 0.16% ]
  GAIL (India) Ltd. 161.1 [ -0.46% ]
  Grasim Inds. 1412 [ -2.64% ]
  HCL Technologies 906.25 [ -0.10% ]
  HDFC 2438.7 [ -0.99% ]
  HDFC Bank 1399.5 [ -0.30% ]
  Hero MotoCorp 2841.85 [ 0.17% ]
  Hindalco Indus. 398.7 [ -3.43% ]
  ICICI Bank 594.95 [ -2.43% ]
  IDFC L 55.85 [ -0.53% ]
  Indian Hotels Co 116.1 [ -1.32% ]
  IndusInd Bank 917.25 [ -3.35% ]
  Infosys 1326.95 [ -0.28% ]
  ITC Ltd. 203.3 [ -0.37% ]
  Jindal St & Pwr 456.7 [ -4.19% ]
  L&T 1384.95 [ 0.09% ]
  Lupin Ltd. 1210.75 [ 1.10% ]
  Mahi. & Mahi 760.3 [ -1.97% ]
  MTNL 18.55 [ 0.00% ]
  Nestle India 16713.75 [ -0.93% ]
  NIIT Ltd. 168.8 [ -0.50% ]
  NMDC Ltd. 202.9 [ 3.05% ]
  NTPC 113.25 [ 0.53% ]
  ONGC 115.05 [ -2.54% ]
  Punj. NationlBak 37.1 [ 5.70% ]
  Reliance Inds. 1913.55 [ -1.04% ]
  SBI 367.85 [ 0.93% ]
  Vedanta 282.2 [ -2.20% ]
  Shipping Corpn. 115.4 [ -5.80% ]
  Sun Pharma. 702.65 [ -0.73% ]
  Tata Chemicals 722.35 [ 3.67% ]
  Tata Steel 1178.65 [ -4.48% ]
  Tata Power Co. 106.55 [ -2.47% ]
  Tata Consultancy 3088.5 [ -1.11% ]
  Tech Mahindra 962.1 [ -1.45% ]
  United Spirits 559.45 [ 0.81% ]
  Wipro Ltd 507.85 [ -2.01% ]

News Details

RBI to make 2nd purchase of G-secs worth Rs 35,000 cr under G-SAP 1.0 on May 20: Das

Back
05/05/2021 11:02
RBI on Wednesday said the second purchase of government securities worth Rs 35,000 crore under the G-sec Acquisition Programme (G-SAP 1.0) will be done on May 20 for an orderly evolution of the yield curve as a fresh COVID-19 wave threatens to hit the economy. The first purchase of Rs 25,000 crore last month received enthusiastic response from the market, Reserve Bank of India (RBI) Governor Shaktikanta Das said while announcing slew of measures to provide relief to various segments of economy hit by the second wave of the pandemic.

RBI will do second purchase of government securities (G-secs) aggregating Rs 35,000 cr in two weeks, he said.

To provide clarity on its bond-buying programme through open market operations (OMO), Das had announced Rs 1 lakh crore target for the first quarter under the new instrument called G-SAP 1.0.

On the rate of price rise, he said, food and fuel inflation have pushed core inflation.

Expected normal monsoon forecast should help contain food price inflation, he added.

RBI Governor, in an unscheduled announcement, said the central bank will continue to monitor the situation from resurgence of COVID-19 cases and deploy all resources.

"We have to marshal our resources for fighting the virus with vigour," he added.