The Reserve Bank of India (RBI) today injected ₹79,256 crore into the banking system through an overnight variable rate repo (VRR) auction to ease liquidity conditions.The central bank stated that the funds were injected at a cut-off and weighted average rate of 5.26 percent. However, the...
banking system
financial stability
india
liquidity deficit
liquidity management
monetary policy
omo
open market operations
overnight rate
rbi
repo auction
reserve bank of india
₹1 lakh crore
₹65,395 crore₹79,256crore
Mumbai, March 23 The Reserve Bank of India (RBI) injected ₹79,256 crore in short-term liquidity into the banking system on Monday through an overnight variable rate (VRR) auction.The RBI injected the funds at cut-off and weighted average rates of 5.26 per cent, the central bank said in a...
banking system
financial markets
government securities
india
liquidity
monetary policy
open market operations
rbi
reserve bank of india
short-term liquidity
vrr auction
₹1 lakh crore
₹65,395.64 crore₹79,256crore