VRRR auction to manage surplus liquidity, signaling active liquidity management and anchoring short-term rates.

The move comes as an effort by the central bank to reduce cash reserve ratio and review bank liquidity. India's banking ...

The RBI will conduct its first variable rate reverse repo (VRRR) since November 2024 on July 4, aiming to absorb ₹1 lakh ...

IEA warns India's auto fuel consumption boom is debt-fuelled, raising concerns about rising household debt impacting usage ...

RBI aims to take out Rs 1 trillion from the banking system via a seven-day variable rate reverse repurchase auction on June 27 ...

The household debt in India, recently went up to 42.9% of the country's GDP (at current prices) by the end of June 2024, which marks a rise as compared to 37.6% in March 2023. This is an indication ...

India’s central bank, the Reserve Bank of India (RBI), has said it will require lenders to keep money in reserve equal to 1% ...

The Indian government is scaling up the Unified Lending Interface as a DPI to deliver inclusive credit, predicted to surpass ...

The central bank will conduct a seven-day VRRR auction worth Rs 1 lakh crore from 10–10:30 a.m. and the reversal date will be July 4, according to a press release by the central ...

The VRRR is announced when the liquidity in the banking system remains more than Rs 2 lakh crore in the banking system and ...

The Delhi High Court has sought responses from Reserve Bank of India (RBI) and HDFC bank on a petition claiming a fraudulent debit transaction from the bank acc ...

India’s central bank announced a plan to drain short-term liquidity from the banking system, signaling a shift in its ...