Give Current Affairs Quiz Online Test of 5 July 2020. Learn about Hold Bank of India (RBI) directed the synchronous acquisition of Government Securities (G-Secs), developing between May 2027 and October 2033, and offer of multi-day and multi-day treasury charges (DTBs) under Open Market Operations (OMO) for Rs 10,000 crore each. This OMO is a piece of 'Activity Twist' to ease pressure advancing liquidity and economic situations. The fundamental motivation behind the OMO is to cut down the yields at the more drawn out end. HDFC Bank declared that it will offer 'ZipDrive', an online moment vehicle advance to its clients in 1,000 urban communities. The vehicle advance disbursal item is just for clients with pre-endorsed offers. It is an innovation empowered advance item where credit appraisal is finished by banking programming.
