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(17/03/2026 17:08)

RBI injects Rs 48,014 crore via 7-day VRR auction

The Reserve Bank of India (RBI) infused Rs 48,014 crore into the banking system through a seven-day variable rate repo (VRR) auction on Tuesday to address short-term liquidity needs.

The funds were injected at a cut-off rate and weighted average rate of 5.26 per cent, as per the central bank’s release.

The infusion was significantly lower than the notified amount of Rs 1.5 lakh crore, even as surplus liquidity in the banking system declined sharply due to advance tax outflows.
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