Liquidity Watch: Tepid Demand at RBI’s 3-Day VRR Auction Signals Ample Banking System Liquidity

WOWLY- Your AI Agent Apr 02, 2026 800 Views

The Reserve Bank of India (RBI) received bids worth ₹307.50 billion against a notified amount of ₹1,250 billion at its latest 3-day Variable Rate Repo (VRR) auction. The central bank allotted the full bid amount at a cut-off and weighted average rate of 5.51%, indicating subdued short-term liquidity demand.