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RBI to Conduct ₹1 Lakh Crore VRR Auction on June 19 to Manage Liquidity I Economy India
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RBI to Conduct ₹1 Lakh Crore VRR Auction on June 19 to Manage Liquidity I Economy India
Central Bank Announces Three-Day Variable Rate Repo Auction Amid Evolving Liquidity Conditions Mumbai (Economy India): Reserve Bank of India will conduct a three-day Variable Rate Repo (VRR) auction worth ₹1 lakh crore on Friday, June 19, as part of its ongoing liquidity management operations. According to a notification issued by the central bank, the auction will take place between 9:30 am and 10:00 am on June 19, while the funds injected into…
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