कोशिश गोल्ड - मुक्त
Bids for 7-day VRRR auction fall short of notified amount
Business Standard
|July 12, 2025
Receive bids worth ₹1.51 trn against notified amount of ₹2.5 trn
The Reserve Bank of India's (RBI's) seven-day variable rate reverse repo (VRRR) auction on Friday saw a tepid demand from banks as the auction amount exceeded the market expectation of ₹2 trillion.
Thus, the bidding amount fell short of the notified amount. Additionally, banks preferred to retain funds due to the upcoming goods and services tax (GST) outflows and were reluctant to lock in their money for seven days. The central bank received bids worth ₹1.51 trillion at the auction, against the notified amount of ₹2.5 trillion.
यह कहानी Business Standard के July 12, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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