Financial Market
Growth in Capital Market
- Operation Twist: On December 19th 2019, RBI decided to conduct its version of ‘Operation Twist’ through simultaneous purchase and sale of government securities under Open Market Operations (OMOs) for Rs 10,000 crore each on December 23. The central bank is keen that long-term rates are brought down to kick start investment and revive the economy. The idea is that business investment and housing demand were primarily determined by longer-term interest rates. (Concept of OMOs).
- BHARAT -22 ETF: The recent Bharat Bond issue, India’s first bond exchange-traded fund (ETF), has turned a corner in the country’s Mutual ....