VRRR
RBI Absorbs Rs 2.90 Lakh Crore via Two VRRR Auctions to Tackle Huge Surplus Liquidity
This strategic move aims to stabilize short-term interest rates and curb inflationary pressures, as excess liquidity can lead to unwanted economic distortions.
RBI’s 7 lakh Crore VRRR Auction Witnesses Low Bank Participation Despite Excess Funds
The RBI's 7 lakh crore VRRR auction saw low participation from banks despite abundant funds available.
