RBI’s ₹1 Lakh Crore Auction: A Curveball for Rate Cut Hopes

Unknown Apr 02, 2026 750 Views

The Reserve Bank of India just announced a ₹1 lakh crore Variable Rate Reverse Repo (VRRR) auction, and it has the financial world talking. This is the first time since last November that the RBI is doing such a large-scale operation, and it’s happening because banks have a lot of extra cas...