Reserve Bank of India (RBI) is going to drain excess cash in the money markets. For this, the apex bank has decided to ...

The central bank will conduct a seven-day VRRR auction worth Rs 1 lakh crore from 10–10:30 a.m. and the reversal date will be July 4, according to a press release by the central ...

Yields on 10-year AAA-rated public sector undertaking (PSU) bonds in India’s corporate bond primary market exceeded the 7 per cent threshold on Monday, after a gap of three months, as long-term rates ...

RBI said, "Further, on a review of current and evolving liquidity conditions, it has been decided that the daily VRR auctions, as announced in the above press release, will be discontinued with ...

The daily VRR window was introduced on January 16 this year by the RBI to address a tightening of banking system liquidity, with VRR auctions reaching up to Rs 50,000 crore a day to meet the ...

RBI said, "Further, on a review of current and evolving liquidity conditions, it has been decided that the daily VRR auctions, as announced in the above press release, will be discontinued with ...

RBI sees tepid demand for VRR auctions as system liquidity crunch eases The deficit in India's banking system liquidity has fallen from a peak of over ₹ 2 trillion in January to about ₹ 20,000 ...

The Mint Road has infused these vast sums of money through a slew of options such as daily VRR (variable rate repo) auctions of Rs 26.79 trillion till February 18, the normal variable rate repo ...

The RBI injected ₹9,892 crore through the government securities buyback window and ₹30,760 crore through bids at the overnight variable rate repo (VRR) auction.

In a first, the Reserve Bank of India (RBI) has announced that it will conduct daily variable rate repo (VRR) auctions on all working days in Mumbai, until further notice. The daily auctions ...