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(17/04/2026 14:33)

RBI absorbs Rs 2 lakh crore via 7-day VRRR auction

The Reserve Bank of India (RBI) withdrew Rs 2,00,031 crore of surplus liquidity from the banking system through a seven-day variable rate reverse repo (VRRR) auction on Friday.

The auction saw strong participation, with bids worth Rs 2,28,098 crore received against the notified amount of Rs 2 lakh crore.

The central bank accepted bids at a cut-off rate of 5.24%, with the weighted average rate at 5.23%.
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