RBI injects Rs 1.41 lakh cr transient liquidity in banking system via 7-day VRR auction
Mumbai: The Reserve Bank of India (RBI) on Tuesday injected Rs 1,41,171 crore transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction. The funds were infused at a cut-off and weighted average rate of 5.26 per cent, according to the RBI’s release. This was done after the liquidity in the…
