RBI Announces Daily Variable Rate Repo (VRR) Auctions to Manage Liquidity

Last updated: 16 January 2025

In a significant move to manage liquidity in the banking system, the Reserve Bank of India (RBI) has decided to conduct Variable Rate Repo (VRR) auctions on all working days in Mumbai. This measure will remain effective until further notice, with reversals scheduled for the next working day. For VRR
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