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RBI to conduct Rs 1 lakh cr 3-day VRR auction on Jun 19
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 keep overnight money market rates stable. This follows recent liquidity infusions by the central bank. The RBI is actively managing funds to ensure smooth financial operations.
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thehindubusinessline.com
RBI infuses ₹72,300 crore transient liquidity into banking system via VRR auctions
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…
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RBI conducts two VRR auctions to address liquidity tightness in banking system
RBI's two VRR auctions injected ₹72,300 crore into the banking system to address liquidity tightness amid tax payments.
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economictimes.indiatimes.com
RBI to conduct Rs 1 lakh cr 3-day VRR auction on Jun 19
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…