RBI absorbs ₹2.40 lakh crore via VRRR auction amid huge surplus liquidity
· thehindubusinessline.com
The central bank received bids worth ₹2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24%
The Reserve Bank of India (RBI) on Thursday absorbed ₹2.40 lakh crore through variable rate reverse repo (VRRR) auctions from the banking sector amid huge sur...