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RBI Withdraws ₹1 Lakh Crore via VRRR Auction Amid Surplus Liquidity – The Indian Awaaz
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RBI withdraws ₹1 lakh crore via VRRR auction amid surplus liquidity – The Indian Awaaz
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 received bids worth 1,70,880 crore rupees, out of which bids worth 1,00,010 crore rupees were accepted at a 5.47 per cent cut-off […]
RBI to conduct Rs 1 lakh cr VRRR auction to absorb surplus liquidity - GAGA INDIA
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