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Tepid response to RBI's ₹2.5L-cr VRRR auction
Financial Express Lucknow
|July 12, 2025
THE RESPONSE TO the Reserve Bank of India's seven-day variable rate reverse repo auction, held on Friday, was less enthusiastic than expected, with bids coming in for ₹1.52 lakh crore, against the notified amount of ₹2.5 lakh crore.
The cut-off rate for the transaction was 5.49%, with the central bank accepting the entire amount subscribed.
The liquidity in the system on Thursday was ₹3.15 lakh crore, RBI data showed. With liquidity abundant, the central bank has been periodically draining money.
Friday's auction was the biggest of the recent auctions that the central bank has held; so far, it has conducted four such auctions.
Diese Geschichte stammt aus der July 12, 2025-Ausgabe von Financial Express Lucknow.
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