The Reserve Bank of India (RBI) is likely to announce a short-tenor variable rate reverse repo (VRRR) auction in the coming days to mop up excess liquidity from the banking system and steer the ...
July 3 (Reuters) - India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion) on July 4, following a review of ...
July 7 (Reuters) - Reserve Bank of India: * India central bank sets cut-off rate of 6.48 pct at 4-day variable rate reverse repo auction * India cenbank: weighted average rate at 6.46 pct at 4-day ...
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