The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the ...

RBI's latest VRRR auction sees strong demand with Rs 1.7 lakh crore in bids; RBI accepts Rs 1 lakh crore at a 5.47% cut-off.

Banking system liquidity tops ₹4 trillion amid strong VRRR demand, fuelled by government spending and surplus transfer; RBI ...

Currently, the liquidity in the banking system is in surplus of around Rs 4.04 lakh crore as on July 3, as per RBI’s data.

The Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb ...

The Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...

Despite RBI's VRRR auction, liquidity surplus rose to its highest in weeks, keeping overnight rates near the SDF rate and ...

RBI absorbs surplus liquidity through VRRR auction, banks place ₹84,975 crore at 5.45% rate, improving transmission of repo ...

RBI to conduct Rs 1 lakh crore reverse repo auction on Friday, first in 7 months, to absorb excess liquidity. With surplus ...

VRRR auction to manage surplus liquidity, signaling active liquidity management and anchoring short-term rates.

The Reserve Bank of India (RBI) has announced a Rs 1 lakh crore, 7-day Variable Rate Reverse Repo (VRRR) auction scheduled ...

The VRRR is announced when the liquidity in the banking system remains more than Rs 2 lakh crore in the banking system and ...