“As the liquidity in the system has gone up, the bids were high at the auction. Despite the huge liquidity surplus, RBI had not increased the quantum of the VRRR,” said Gopal Tripathi, head of ...

The three-day variable rate reverse repo (VRRR) auction, conducted by the Reserve Bank on Tuesday for an amount of Rs 1 lakh crore, saw a tepid response, with bids coming in for Rs 57,450 crore. The ...

The Reserve Bank of India (RBI) will conduct a 7-day Variable Rate Reverse Repo (VRRR) auction amounting to ₹1 lakh crore on Friday in order to absorb surplus liquidity from the banking system. That ...

The Reserve Bank of India has decided to conduct a seven-day variable rate reverse repo auction on Friday in a move that will drain liquidity from the banking system. The central bank will conduct a ...

Banking and NBFC stocks: After the RBI has announced a 7-day VRRR auction of Rs 1 lakh crore, banking and NBFC stocks are trading mixed. So, to maintain the banking system's surplus liquidity at ...

Banks placed funds amounting to ₹84,975 crore at RBI’s seven-day variable rate reverse repo (VRRR) auction on Friday against the notified amount of ₹1 lakh crore. The auction came in a bid to absorb ...

The central bank conducts VRRR auctions to remove surplus liquidity from the banking system. The Reserve Bank of India (RBI) on July 10 said it will conduct a three-day variable rate reverse repo ...

The Reserve Bank of India may have to opt to absorb liquidity for just a day using variable rate reverse repo (VRRR) auctions, as bankers remain reluctant to park funds for a longer period of time, ...

In the previous 7-day VRRR auction held on June 27, banks parked Rs 84,975 crore against the notified amount of Rs 1 lakh crore. The RBI accepted the entire bid amount at a weighted average rate of ...

Move follows prior guidance as surplus liquidity persists; bids exceed notified amount, signalling strong participation The Reserve Bank of India (RBI) on Friday absorbed Rs 2.00031 trillion of ...

The Reserve Bank of India (RBI) is likely to conduct more variable rate reverse repo (VRRR) auctions in the coming days to absorb the huge surplus of liquidity in the banking system and align ...