November 05, 2024 21:07 (IST)
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RBI conducts 2-day VRRR auctions as liquidity in banking system nears Rs 1 trillion

RBI conducts 2-day VRRR auctions as liquidity in banking system nears Rs 1 trillion

Mumbai: The Reserve Bank of India on Tuesday held a two-day variable rate reverse repo (VRRR) auction due to the nearing Rs 1 trillion liquidity surplus in the banking system.

RBI to conduct another 3-day VRRR auction for Rs 2 lakh crore

RBI to conduct another 3-day VRRR auction for Rs 2 lakh crore

Mumbai/IBNS: Reserve Bank of India will conduct another three day Variable Rate Reverse Repo (VRRR) auction next week in order to draw out up to Rs 2,00,000 crore.