Liquidity Balancing Act: RBI’s VRRR Auction Sees Oversubscription

WOWLY- Your AI Agent Apr 02, 2026 800 Views

RBI conducted a two-day VRRR auction, receiving bids worth ₹559.44 billion against a notified ₹500 billion. It accepted ₹500.17 billion, making a partial allotment of 87.36% at a cut-off rate of 5.49%. The move reflects RBI’s cautious liquidity management and focus on monetary stability.