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 ...

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

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 will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb ...

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.

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

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

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

VRRR auction to manage surplus liquidity, signaling active liquidity management and anchoring short-term rates.

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