RBI Halts Daily VRR Auctions Amid Liquidity Surplus

  Published 1 year ago

RBI to stop daily VRR auctions June 11 as surplus liquidity hits 2.45 trillion rupees, reversing January 16 measures for tight conditions.

  • RBI discontinues VRR auctions June 11 due to surplus liquidity of 2.45 trillion rupees.
  • Daily VRR auctions began January 16 to address tight liquidity in banking system.
  • Current liquidity surplus indicates reduced need for short-term liquidity injections.

You might like these

Eat Better Co & Unicommerce Partnership Boosts E-commerce Growth

Bajaj Auto FY25: Mixed Results & Growth

Delhivery Q4 FY25: Strong Growth & Profitability

J&K Bank's 2025 Financial Growth: Key Highlights

Home Renovation Spending Defies Economic Slowdown

Godrej Buys Land in North Bengaluru

NTPC Green Energy Successfully Bids for NHPC's BESS Project

News that matters the most ⚡