The surplus liquidity has kept the overnight weighted average call rate (WACR) near the standing deposit facility (SDF) rate ...

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 Reserve Bank of India (RBI) on Friday withdrew Rs 1,00,010 crore from the banking system through a seven-day variable ...

The VRRR is announced when the liquidity in the banking system remains more than Rs 2 lakh crore in the banking system and higher surplus funds are being parked by the banks in RBI’s standing deposit ...

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

The RBI will conduct its first variable rate reverse repo (VRRR) since November 2024 on July 4, aiming to absorb ₹1 lakh ...

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.

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

Banks on Friday sought to deploy about 1.71 times more money with the Reserve Bank of India than what it was willing to absorb at the 7-day variable rate reverse repo (VRRR) auction.

India's overnight market rates continue to trend above the Reserve Bank of India's (RBI) repo rate as banks borrow funds to meet reserve needs and fund tax outflows when the bulk of the liquidity ...

The Indian central bank's decision to withdraw surplus liquidity from the banking system just weeks after a large rate cut ...

The Reserve Bank of India may have to opt to absorb liquidity for just a day using variable rate reverse repo (VRRR) auctions, as bankers remain reluctant to park funds for a longer period of time ...