RBI Announces Rs 1 Lakh Crore VRR Auction to Stabilize Banking Liquidity
RBI Intervention to Manage Systemic Liquidity The Reserve Bank of India (RBI) has scheduled a three-day Variable Rate Repo (VRR) auction worth Rs 1 lakh crore for May 22, aiming to fine-tune liquidity conditions across the domestic banking system. The auction window is set to open between 9:30 am and 10:00 am, with the injected…
