Restart of open market operations

•The Reserve Bank Of India (RBI) has decided to conduct simultaneous purchase and sale of government securities under Open Market Operations (OMO) for ₹10,000 crore each on April 27, 2020 considering the current and evolving liquidity and market conditions.
•Such Open Market Operations are known as ‘Operation Twist,’ which was used by the RBI in December, 2019 for the first time.