RBI Absorbs ₹46,058 Cr via 3-Day VRRR

  Published 10 months ago

RBI absorbed ₹46,058 crore in a 3-day VRRR at 5.49% cut-off, managing liquidity amid surplus cash conditions.

  • Recent VRRRs include ₹1.25 lakh crore on July 25, ₹2 lakh crore on July 18, and ₹1.51 lakh crore on July 11.
  • Liquidity surplus stems from ₹2.69 lakh crore dividend payout and CRR cut, prompting active short-term interventions.
  • Operations aim to align short-term rates with the policy rate, ensuring smooth monetary transmission and rate stability.

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