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Dec 06, 2016
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RBI auctions treasury bill worth Rs 60,000 cr under MSS
The RBI today auctioned the 35 days Cash Management Bills worth Rs 60,000 crore under government's Market Stabilisation Scheme (MSS) to mop up extra liquidity from the system against the backdrop of demonetisation. The central bank will also conduct an auction of 35 days Cash Management Bills under the MSS for Rs 60,000 crore tomorrow.On Friday, the central bank had auctioned MSS worth Rs 20,000 crore, after MSS ceiling was raised to Rs 6 lakh crore.
Source -
http://www.business-standard.com
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