RBI agrees to inject ₹8,000 cr into the market after 9-hour meeting

After an over nine-hour-long board meeting in Mumbai on Monday, the Reserve Bank of India (RBI) agreed to inject ₹8,000 crore into the market by purchasing government bonds by November 22. RBI will buy these securities through multi-security auction using multiple price method. An increased cash flow was among the issues behind an alleged rift between the Centre and RBI.