RBI absorbs ₹2.90 lakh crore via two VRRR auctions amid huge surplus liquidity
· thehindubusinessline.com
First auction sees strong bids for ₹2.50 lakh crore; second draw is tepid at ₹40,302 crore
The Reserve Bank of India (RBI) on Wednesday absorbed ₹2.90 lakh crore through two variable rate reverse repo (VRRR) auctions from the banking system amid a h...