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RBI to Discontinue Daily Variable Rate Repo from June 11
June 11, 2025
|The Business Guardian
The Reserve Bank of India (RBI) announced on Tuesday that it will discontinue daily Variable Rate Repo (VRR) auctions starting June 11, 2025.
The discontinuation of the VRR is due to a liquidity surplus in the banking system reaching approximately Rs 3 lakh crore.
RBI said, "Further, on a review of current and evolving liquidity conditions, it has been decided that the daily VRR auctions, as announced in the above press release, will be discontinued with effect from June 11, 2025, Wednesday."
هذه القصة من طبعة June 11, 2025 من The Business Guardian.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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