RBI Launches ₹1 Lakh Cr VRRR Auction to Soak Up Surplus Liquidity—Signals Tactical Tightening

Unknown Apr 02, 2026 700 Views

The Reserve Bank of India (RBI) will conduct a ₹1 lakh crore, 7-day Variable Rate Reverse Repo (VRRR) auction on July 4, 2025, to absorb excess liquidity from the banking system. The auction will be held between 10:00 AM and 11:00 AM, with the reversal scheduled for July 11. This i...