Does the Reserve Bank sell treasury bills? Discuss.

1 year ago
Banking

The Reserve Bank sells Treasury Bills whenever necessary on behalf of the Central Government. The sale of Treasury Bills provides short-term finance to the Government and also helps to absorb any excessive liquidity in the money market Treasury bills are also rediscounted by the bank for state government’s banks and other approved bodies.

Susmita Sah
Jan 16, 2022
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