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VRRR auctions: Banks prefer deploying funds overnight to 30 days
Banks favor short-term VRRR auctions to maintain liquidity flexibility and capitalize on potential loan opportunities, experts say.
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thehindubusinessline.com
RBI to conduct 30-day VRRR auction on Sept 7 to suck out ₹7 lakh cr surplus with banks
The Reserve Bank of India has decided to conduct a 30-day variable rate reverse repo (VRRR) auction on September 7 to suck out ₹7 lakh crore surplus liquidity from the banking…
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economictimes.indiatimes.com
RBI turns to 30-day VRRR to absorb excess liquidity
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…
