RBI receives ₹2.59 lakh crore bids against ₹7 lakh crore in 30-day VRRR auction as banking-system liquidity surplus reaches around ₹10.73 lakh crore.

RBI absorbs ₹6.02 lakh crore through VRRRs as banking liquidity surplus reaches record high, impacting short-term money market rates.

The surplus liquidity in the system rose to a record high of Rs 10.3 lakh crore as of September 3, forcing the central bank to step up liquidity absorption operations. The massive…

The Reserve Bank of India is conducting auctions to absorb excess funds. This liquidity stems from special dollar mobilization programs and forex inflows. The central bank aims…

In an effort to control escalating inflation, the Reserve Bank of India is running auctions to draw in surplus liquidity from the financial system. This move comes as call money…

The Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate this, a pivotal variable rate reverse repo…

RBI receives ₹2.59 lakh crore bids against ₹7 lakh crore in 30-day VRRR auction as banking-system liquidity surplus reaches around ₹10.73 lakh crore.