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.

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