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RBI Allots ₹558.37 Billion At Three-Day VRR Auction
The Reserve Bank of India (RBI) received bids worth ₹558.37 billion against a notified amount of ₹1,000 billion at its latest three-day Variable Rate Repo (VRR) auction. The central bank allotted the entire bid amount, setting a weighted average rate and cut-off at 5.26%.
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