RBI conducts VRR Auction to boost liquidity in view tax outflows
20
Jun
RBI conducts VRR Auction to boost liquidity in view tax outflows Subject :Economy Section: Monetary Policy Key Points: Banks were facing reduced liquidity owing to advance tax and indirect tax payments. The overnight call money rates were above the repo rate of 6.5%. RBI conducted a Variable rate repo (VRR) auction for Rs. […]