Tag: VRRR
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RBI to absorb ₹3 trillion via VRRR auction to curb surplus liquidity
Mumbai, August 7, 2025 – The Reserve Bank of India (RBI) announced plans to conduct Variable Rate Reverse Repo (VRRR) auctions to withdraw ₹3 trillion from the banking system. This move is aimed at managing the excess liquidity in the financial system and ensuring short-term interest rates remain aligned with the central bank’s monetary policy…