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RBI's VRRR auction sees tepid demand
Business Standard
|July 16, 2025
The Reserve Bank of India's three-day Variable Rate Reverse Repo (VRRR) auction got a tepid response on Tuesday, with the central bank receiving bids worth ₹57,450 crore only, against the notified amount of ₹1 trillion.
Market participants said that banks were reluctant to park higher amounts at the auction due to the fortnightly reporting period at the end of the current week.
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