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RBI Injects ₹50k Cr Into Banking System

Mint Chennai

|

July 24, 2025

The Reserve Bank of India (RBI) injected short-term cash into the financial system on Wednesday, as monthly tax payments drove overnight rates higher.

The authority added ₹50,000 crore via a two-day repurchase auction, it said in a statement. The cutoff rate was 5.53%, and the central bank received bids totaling ₹71,900 crore, it said.

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