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 Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable ...

Banking system liquidity tops ₹4 trillion amid strong VRRR demand, fuelled by government spending and surplus transfer; RBI ...

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 VRRR is announced when the liquidity in the banking system remains more than Rs 2 lakh crore in the banking system and ...

Despite RBI's VRRR auction, liquidity surplus rose to its highest in weeks, keeping overnight rates near the SDF rate and ...

The RBI will conduct its first variable rate reverse repo (VRRR) since November 2024 on July 4, aiming to absorb ₹1 lakh ...

Banks on Friday sought to deploy about 1.71 times more money with the Reserve Bank of India than what it was willing to absorb at the 7-day variable rate reverse repo (VRRR) auction.

The Reserve Bank of India (RBI) conducted a seven-day Variable Rate Reverse Repo (VRRR) auction, absorbing Rs 84,975 crore ...

RBI absorbs surplus liquidity through VRRR auction, banks place ₹84,975 crore at 5.45% rate, improving transmission of repo ...

The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut ...