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RBI to absorb surplus liquidity through 4 more VRRR auctions

RBI to absorb surplus liquidity through 4 more VRRR auctions

🕔16:58, 6.Aug 2021

Mumbai, Aug 6 The Reserve Bank of India (RBI) will conduct four variable reverse repo rate (VRRR) auctions of Rs 13 lakh crore in the fortnight beginning August 13 till September 24, to absorb surplus liquidity from the banking system. Under

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