The liquidity in the banking system moved into surplus almost after three months as the Reserve Bank of India( RBI) absorbed over Rs 40, 000 crore from the market on Monday, predominantly on the back of increased government spending....
While the RBI offered to take Rs 1 trillion in the morning VRRR auction, it received offers worth Rs 72, 840 crore....
In the afternoon VRRR auction, the response was tepid with market participants offering to put just Rs 11, 185 crore against a notified amount
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2024-03-05 00:00:00.0