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Markets Cheer RBI's VRRR Auction
Financial Express Kolkata
|July 05, 2025
The Reserve Bank of India's (RBI) second variable reverse repo (VRRR) auction on Friday received a strong response from the market, unlike the previous one.
The Reserve Bank of India's (RBI) second variable reverse repo (VRRR) auction on Friday received a strong response from the market, unlike the previous one. Market participants bid ₹1.70 lakh crore at the auction, whereas the RBI accepted ₹1,00,010 crore. The cut-off rate was 5.47%, RBI said in a statement.
This story is from the July 05, 2025 edition of Financial Express Kolkata.
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