Reserve Bank injected Rs 2.98 lakh crore liquidity in market in 2018-19
Currency in circulation expanded sharply in February-March. The liquidity needs of the system were met through injection of durable liquidity amounting to Rs 37,500 crore in February and Rs 25,000 crore in March through open market purchase operations (OMOs).
Consequently, total durable liquidity injected by the Reserve Bank through OMOs aggregated Rs 2,98,500 crore for 2018-19. Image source: Reuters