HomeAI · summaries
Storia in 3 fonti
RBI's 30-day VRRR operation sees muted response amid high banking liquidity surplus
Banks showed little interest in the Reserve Bank of India's 30-day reverse repo operation. This occurred even as banking system liquidity reached a near five-year high. Treasury heads avoided locking funds at the current interest rate. Many expected a future rate hike, seeking better returns. The Reserve Bank will conduct an overnight auction to manage liquidity.
Confronto fonti
3 prospettive sulla stessa storiaTimeline cronologica
- ·
economictimes.indiatimes.com
RBI turns to longer-dated VRRR for liquidity mop-up
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…
- ·
RBI's liquidity test may set future course
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…
