RBI to auction ₹6 lakh crore VRRR on Aug 31 to manage surplus liquidity in the banking system.

RBI to auction ₹6 lakh crore VRRR on Aug 31 to manage surplus liquidity in the banking system.

The RBI will conduct a Rs 30,000 crore government securities buyback on September 3 via E-Kuber auction to address surplus liquidity in the banking system.