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(24/03/2026 14:25)

RBI injects Rs 55,837 crore via 3-Day VRR Auction

The Reserve Bank of India (RBI) on Tuesday infused Rs 55,837 crore into the banking system through a three-day variable rate repo (VRR) auction to address short-term liquidity needs.

The funds were injected at a cut-off and weighted average rate of 5.26 per cent, according to the central bank.

Despite a decline in surplus liquidity in the system due to advance tax outflows, the amount infused was significantly lower than the notified Rs 1 lakh crore, indicating relatively measured demand from banks.

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