Tag: VRRR Auction

Surplus liquidity effect: Banks seek to park ₹1.03-lakh crore with RBI

The Reserve Bank of India received offers from banks for parking liquidity amounting to ₹1,03,930 crore at the overnight variable

With short-term liquidity turning into a big surplus, the Reserve Bank of India (RBI) conducted two back-to-back variable rate reverse

The Reserve Bank of India on Friday conducted a 4-day variable rate reverse repo auction (VRRR) auction to suck out

The Reserve Bank of India (RBI) got a tepid response from Banks to the 14-day variable rate reverse repo (VRRR)

Despite the surplus of liquidity, there was a muted response from banks to the 14-day reverse repo auction (VRRR), as