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(21/10/2026 16:37)

RBI's Rs 50,000 cr VRR auction attracts nearly 2x bids

The Reserve Bank of India's (RBI) overnight Variable Rate Repo (VRR) auction worth Rs 50,000 crore on Wednesday attracted bids totalling Rs 93,241 crore, nearly twice the notified amount.

According to official data, the central bank accepted bids worth Rs 50,007 crore at a cut-off and weighted average rate of 5.52%.
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