RBI receives good response at 14-day VRR public sale
The Reserve Financial institution of India (RBI) obtained bids for drawing funds aggregating ₹1,35,514 crore from banks in opposition to the notified quantity of ₹75,000 crore on the 14-day variable price repo (VRR) public sale amid liquidity tightness within the system. A sign of the liquidity tightness is that the cash market charges on Friday … Read more