Mumbai, March 27 The Reserve Bank of India (RBI) injected ₹65,322 crore of temporary liquidity into the banking system on Friday through a six-day variable rate repo (VRR) auction.
The RBI injected the funds at a cut-off rate of 5.26 per cent and a weighted average rate of 5.29 per cent, the central bank said in a release.
The liquidity injected was lower than the notified amount of ₹75,000 crore, despite the sharp drop in surplus liquidity in the banking system due to advance tax payments and GST outflows.
Currently, liquidity in the banking system is estimated to be in surplus of around ₹48,698.38 crore as of March 26.
In the last few days, the central bank has injected ₹2,08,208 crore of temporary liquidity into the banking system through VRR auctions of various tenures.
Before this, RBI had injected ₹3.50 lakh crore of durable liquidity into the banking system through open market purchases (OMPs) of government securities since January 2026.