Year-end liquidity management: RBI to provide liquidity aggregating ₹1.25 lakh cr to Banks via VRR auctions

Year-end liquidity management: RBI to provide liquidity aggregating ₹1.25 lakh cr to Banks via VRR auctions

The central bank provides liquidity to banks to overcome short-term liquidity mismatches via VRR.

The Reserve Bank of India (RBI) will conduct two Variable Rate Repo (VRR) auctions under the Liquidity Adjustment Facility (LAF) aggregating 1.25 lakh crore for the end of the financial year to provi… [+326 chars]

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Year-end liquidity management: RBI to provide liquidity aggregating ₹1.25 lakh cr to Banks via VRR auctions - FHMnews