RBI’s Overnight Variable Rate Repo Auction Sees Strong Demand; Cuts Off at 5.51%

Image Source: Business Standard

The Reserve Bank of India (RBI) successfully conducted its overnight Variable Rate Repo (VRR) auction, receiving bids worth ₹1,255.21 billion against a notified amount of ₹1,500 billion. All bids worth ₹1,255.21 billion were allotted at a weighted average cut-off rate of 5.51%, reaffirming robust liquidity absorption in the banking system.

Stay Ahead – Explore Now! Valiant Organics Postpones June 25 Board Meeting Amid Strategic Review

STORIES YOU MAY LIKE

Image Source: Business Standard

Moody’s Reaffirms GAIL’s Baa3 Rating with Stable Outlook, Signaling Financial Resilience

Image Source : Olympics.com

Maaya Rajeshwaran Headlines India’s Youth Charge at Chennai Open 2025

Image Source: WowNews24x7

Brew on Board: abcoffee & Cityflo Redefine the Urban Commute with Onboard Café Pilot

Image Source : Business Standard

Aarvi Encon Secures ₹53.7 Million Order, Strengthens Engineering Services Portfolio

Image Source : C P Kukreja Architects

Havells Pumps ₹600 Million into Ghiloth Plant to Boost Washing Machine Output

Image Source : The Economic Times

Adani Green Powers Ahead: ₹32.49 Billion Income, ₹6.44 Billion Profit in Q2 FY26

Image Source : PSU watch

MTNL Stumbles on Bond Payment Prep: Escrow Account Left Underfunded

Top Searches

Suggestions

RBI’s Overnight Variable Rate Repo Auction Sees Strong Demand; Cuts Off at 5.51%

STORIES YOU MAY LIKE

Live Blogs

Top Stories

RBI’s Overnight Variable Rate Repo Auction Sees Strong Demand; Cuts Off at 5.51%

STORIES YOU MAY LIKE

Subscribe to receive the day's headlines from WOWNEWS 24X7 straight in your inbox

Live Blogs

Top Stories