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 ...

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

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 ...

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

MUMBAI: Indian government bond yields edged higher on Friday, tracking a rise in U.S. Treasury yields, while additional long ...

The Reserve Bank of India (RBI) conducted a seven-day Variable Rate Reverse Repo (VRRR) auction, absorbing Rs 84,975 crore ...

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

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

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