Tech glitch on e-Kuber hits demand at RBI's 30-day liquidity mop-up auction

· business-standard.com

RBI received bids worth Rs 2.59 trillion against the notified Rs 7 trillion at its 30-day VRRR auction, well below market expectations of up to Rs 5 trillion

A technical glitch on the Reserve Bank of India's e-Kuber portal led to weaker-than-expected demand at the central bank's 30-day variable rate reverse repo (VRR...


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