Mumbai: The Reserve Bank of India (RBI) Thursday conducted two overnight variable rate repo (VRR) auction in addition to a pre-announced buyback as liquidity deficit persisted in the banking system. On Thursday, RBI injected more than βΉ1.45 lakh crore via two overnight variable rate repo (VRR) auctions and a buyback operation of βΉ9,666 crore. The…
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