On February 22, the Reserve Bank of India (RBI) announced that it will conduct a 13-day variable rate repo auction (VRR) of Rs 1 lakh crore on February 23. The auction is scheduled to take place between 10:30 am and 11:00 am, with the reversal of these funds set for March 7. “In light of […]

The Reserve Bank of India (RBI) announced on February 13 its plan to conduct a two-day variable rate repo auction amounting to Rs 25,000 crore, scheduled for February 14. “In light of current liquidity conditions and their ongoing evolution, the RBI has opted to hold a Variable Rate Repo (VRR) auction on February 14,” stated […]