RBI’s 29-day VRRR auction receives tepid response despite high surplus liquidity
viaeconomictimes.indiatimes.com8 Oct
The Reserve Bank of India on Thursday executed a noteworthy 29-day variable rate reverse repo auction, attracting Rs 79,655 crore in bids, fully accepted at a 5.49 percent rate. This event contrasted sharply with the one-day VRRR auction, which invited bids totaling Rs 1,60,664 crore. Currently,…
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