The Reserve Bank of India (RBI) on Wednesday infused ₹72,300 crore transient liquidity through two Variable Rate Repo (VRR) auction into the banking system after surplus liquidity narrowed following advance tax payments.

The Reserve Bank of India (RBI) on Wednesday infused ₹72,300 crore transient liquidity through two Variable Rate Repo (VRR) auction into the banking system after surplus liquidity…

RBI's two VRR auctions injected ₹72,300 crore into the banking system to address liquidity tightness amid tax payments.

The Reserve Bank of India will conduct a Rs 1 lakh crore variable rate repo auction on June 19. This move aims to manage liquidity in the banking system. The auction will help…