Govt eyes Rs 30,000 crore via cash management bill

Faced with redemptions of government securities aggregating Rs 1.35 lakh crore till January 16, the government said it will auction cash management bills on Monday to mop up Rs 30,000 crore. This is the second CMB in the last two weeks. The government usually issues CMBs to tide over situations of temporary liquidity mismatch.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/36hPrzq