The apex bank has conducted 14 variable rate reverse repo (VRRR) auctions since June. But the response from banks to these auctions has been muted. RBI to conduct Rs 1 lakh crore 14-day VRRR on ...

Mumbai: The Reserve Bank of India on Thursday announced its decision to suck out ₹25,000 crore of liquidity from the banking system through the variable reverse repo rate (VRRR) auction.

Jan 15 (Reuters) - India's central bank said on Wednesday it will conduct variable rate repo (VRR) auctions on all working days until further notice amid tight liquidity in the banking system.

In a notification issued on Thursday, RBI said that the central bank will conduct a Variable Rate Reverse Repo (VRRR) auction on November 29. The auction will be undertaken for a period of 14 days.

The Reserve Bank of India has carried out a variable rate repo operation, instead of opting to undertake its regular variable rate reverse repo operations (VRRR), after a more-than-expected ...

RBI aims to re-establish the 14-day Variable Reverse Repo Rate as the major liquidity operation ... An MBA graduate and a long-time UPSC aspirant, she has devoted her life to helping the students ...