Tag: inter-bank market
Posted in Economy
RBI’s first big liquidity mop-up after rate hike falls short as banks park less than half the target
Kolkata: The Reserve Bank of India‘s first major attempt to drain surplus liquidity and improve transmission of its rate hike met with a muted response….
Posted in Economy
RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity
Kolkata: The Reserve Bank of India will hold a 26-day variable rate reverse repo auction on Friday with a target to drain out Rs 5…
Posted in Economy
RBI turns to 30-day VRRR to absorb excess liquidity
Kolkata: The Reserve Bank of India will hold a 30-day variable rate reverse repo (VRRR) auction Monday with a target to suck out Rs 7…