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Capital Market on MSNRBI conducts 7-day VRRR auction; Rs 1.25 lakh crore accepted at 5.49% cut-off rate
The Reserve Bank of India (RBI) on Friday, July 25, successfully concluded its 7-day Variable Rate Reverse Repo (VRRR) auction, absorbing liquidity worth Rs 1,25,008 crore from the banking system. The ...
RBI governor Sanjay Malhotra said further interest rate cuts have not been ruled out, with the monetary policy committee in a neutral phase th.
The deal was signed in the presence of Indian Prime Minister Narendra Modi and his UK counterpart, Keir Starmer.
The Reserve Bank of India has "won the battle against inflation" but the war is ongoing as price stability remains the ...
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