RBI Infuses ₹25,000 Crore via VRR: A Big Move to Boost Liquidity!
The Reserve Bank of India (RBI) injected funds into the banking sector on Friday, with the weighted average call rate, a measure of short-term borrowing rates, rising 23 basis points above the policy repo rate to 6.73%. According to analysts, the RBI used a variable rate repo auction (VRR) to inject Rs 25,000 crore in … Read more
