vrr auction

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    Year-End Liquidity Pressure Drives Up Call Money Rates

    Mumbai, March 30 Call money rates on Monday reached the 7 per cent mark as banks increased borrowing to meet heightened liquidity requirements ahead of the fiscal year-end.Market participants said that demand for short-term funds has risen sharply due to balance sheet adjustments and...
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    Liquidity Deficit Remains Despite RBI Injection

    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...
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