RBI Absorbs ₹46,058 Cr via 3-Day VRRR

  Published 11 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.

You might like these

Adani Acquires Dependencia Logistics

Honda Launches India Financing Unit

Nifty Sensex Hit One‑Year Highs on Banks

India’s IIP Grows 4% in September

Telecom Profits Surge on ARPU Growth

SEBI Penalizes BSE 2.5 Million Rupees for Compliance Failures

NITI: US Tariffs Aid India Exports

News that matters the most ⚡