TNPSC Thervupettagam

RBI - Daily VRR Auctions

January 22 , 2025 8 hrs 0 min 10 0
  • RBI decided to conduct variable-rate repo auctions on a daily basis in order to boost banking system liquidity.
  • The VRR auctions will be conducted between 10:00 a.m. and 10:30 a.m. every day and will be reversed the following day.
  • RBI usually conducts VRR auctions to inject liquidity into the banking system when it turns into deficit mode.

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