January 22 , 2025
8 hrs 0 min
10
- 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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