“Instead of VRRR, they prefer parking excess funds in the RBI’s overnight Standing Deposit Facility,” he added. Banks have given a lukewarm response to the Variable Rate Reverse Repo (VRRR) auctions ...

RBI will announce its monetary policy and market participants believe that rate sensitive stocks including banks, NBFCs and ...

In an indication of excess liquidity, the Reserve Bank of India received bids worth ₹58,525 crore from banks against the notified amount of ₹50,000 crore at the variable rate reverse repo (VRRR) ...

The central bank conducts VRRR auctions to remove surplus liquidity from the banking system. The Reserve Bank of India (RBI) on July 10 said it will conduct a three-day variable rate reverse repo ...

The overnight money market rates rose above the repo rate on Tuesday as a result of RBI’s consistent variable rate reversal repo auctions and tax outflows, said market participants. The weighed ...

The Reserve Bank of India may have to opt to absorb liquidity for just a day using variable rate reverse repo (VRRR) auctions, as bankers remain reluctant to park funds for a longer period of time, ...

The Reserve Bank of India (RBI) is likely to conduct more variable rate reverse repo (VRRR) auctions in the coming days to absorb the huge surplus of liquidity in the banking system and align ...

Banks placed funds amounting to ₹84,975 crore at RBI’s seven-day variable rate reverse repo (VRRR) auction on Friday against the notified amount of ₹1 lakh crore. The auction came in a bid to absorb ...

India's central bank will likely shift to withdrawing liquidity from the banking system and opt for a variable rate reverse repo auction on Friday to balance a recent surplus, six traders said on ...

The Reserve Bank of India (RBI) on Monday did a four-day variable rate reverse repo (VRRR) auction to reduce liquidity in the banking system as the overnight money market rates fell below the repo ...

The Reserve Bank of India will stop conducting 28-day variable rate reverse repo (VRRR) auctions, considering the current banking system liquidity conditions, but will continue with 14-day VRRR ...