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Lower-Than-Expected Response for VRRR
Financial Express Chennai
|July 10, 2025
The Reserve Bank of India's variable rate reverse repo (VRRR) auction on Wednesday received lower-than-expected response from participants.
The Reserve Bank of India's variable rate reverse repo (VRRR) auction on Wednesday received lower-than-expected response from participants. Banks bid for ₹97,315 crore, against the notified amount of ₹1 lakh crore. The cut-off rate was 5.49%.
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