RBI absorbs Rs 2.23 lakh crore via VRRR auction amid surplus liquidity
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RBI Absorbs Rs 2.23 Lakh Crore Through VRRR as Banking System Remains Flush With Funds
MUMBAI, September 18, 2026: The Reserve Bank of India stepped up its liquidity management operations on Friday, absorbing Rs 2.23 lakh crore from the banking system through a three-day Variable Rate Reverse Repo (VRRR) auction, [...]
RBI absorbs Rs 2.23 lakh crore through VRRR auction amid surplus liquidity
Mumbai, September 18, 2026 (Yes Punjab News) The Reserve Bank of India (RBI) absorbed Rs 2.23 lakh crore from the banking system through a Variable Rate Reverse Repo (VRRR) auction on Friday as it continued measures to manage surplus liquidity and keep short-term money market rates aligned with the policy repo rate. According to the […]
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RBI absorbs Rs 2.23 lakh crore via VRRR auction amid surplus liquidity
Mumbai, Sep 18 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Friday said that it absorbed Rs 2.23 lakh crore from the banking system through a Variable Rate Reverse Repo (VRRR) auction as part of its ongoing efforts to manage surplus liquidity and align short-term money market rates with the policy repo rate. According to an official release, the central bank received bids worth Rs 2,22,629 crore against the notified amount of Rs 2.25 lakh…
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