The Reserve Bank of India saw strong demand in its variable rate reverse repo auction. This happened due to surplus liquidity ...

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.

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

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.

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

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

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