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RBI Sets Weighted Average Rate at 6.27% in Daily VRR Auction

Unknown Apr 02, 2026 1,100 Views
RBI Sets Weighted Average Rate at 6.27% in Daily VRR Auction
On February 11, 2025, the Reserve Bank of India (RBI) conducted its daily Variable Rate Repo (VRR) auction, setting the weighted average rate at 6.27%. This auction, with a notified amount of ₹2 lakh crore, aims to address the persistent liquidity shortfall in the banking system, currently at ₹1....

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