RBI Halts Daily VRR Auctions Amid Liquidity Surplus

  Published 10 months 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.

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