July 8 (Reuters) - India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9. The move follows the central ...
India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...
July 7 (Reuters) - Reserve Bank of India: * India central bank sets cut-off rate of 6.48 pct at 4-day variable rate reverse repo auction * India cenbank: weighted average rate at 6.46 pct at 4-day ...
The 14-day variable rate repo (VRR) and variable rate reverse repo (VRRR) operation will be discontinued as the main operation for managing short-term or transient liquidity, according to the RBI's ...
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