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The Reserve Bank of India saw strong demand in its variable rate reverse repo auction. This happened due to surplus liquidity ...
RBI's latest VRRR auction sees strong demand with Rs 1.7 lakh crore in bids; RBI accepts Rs 1 lakh crore at a 5.47% cut-off.
The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the ...
The Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb ...
Banking system liquidity tops ₹4 trillion amid strong VRRR demand, fuelled by government spending and surplus transfer; RBI ...
The RBI regularly conducts VRRR auctions to manage liquidity in the system and keep short-term interest rates aligned with ...
Mumbai: The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day ...
Currently, the liquidity in the banking system is in surplus of around Rs 4.04 lakh crore as on July 3, as per RBI’s data.
The Reserve Bank of India (RBI) on Friday conducted a 7-day Variable Rate Reverse Repo (VRRR) auction under its Liquidity Adjustment Facility (LAF), receiving robust participation from banks amid a ...
The Reserve Bank of India (RBI) will conduct a 7-day Variable Rate Reverse Repo (VRRR) auction for Rs 1 lakh crore on Friday, ...
The Reserve Bank of India-RBI has removed 1,00,010 crore rupees from the banking system through the seven-day variable rate reverse repo (VRRR) auction held today. RBI in a release said that it had ...
The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...