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The Reserve Bank of India plans to conduct a two-day Variable Rate Reverse Repo (VRRR) auction for Rs 1 trillion to manage ...
The Reserve Bank of India saw strong demand in its variable rate reverse repo auction. This happened due to surplus liquidity ...
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.
The move is aimed at reducing the excess liquidity currently present in the banking system. According to a statement by the ...
Banking system liquidity tops ₹4 trillion amid strong VRRR demand, fuelled by government spending and surplus transfer; RBI ...
The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable ...
Mumbai: The Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day ...
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 Indian central bank's measured approach to withdrawing banking system liquidity is likely to keep overnight interbank ...
Mumbai: As the domestic economic landscape, and the Reserve Bank’s monetary policy rapidly reshape every aspect of Indian ...