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RBI withdraws over Rs 3 . 53 lakh crore excess liquidity through overnight VRRR

ibtimes.co.in · DistrictNews · 2026-09-07

RBI withdraws over Rs 3 . 53 lakh crore excess liquidity through overnight VRRR

The RBI absorbed over Rs 3.53 lakh crore of excess liquidity from the banking system through a one-day VRRR auction at a cut-off and weighted average rate of 5.24%. The move comes amid large foreign-currency inflows linked to the RBI RBI withdraws over Rs 3 . 53 lakh crore excess liquidity through overnight VRRR auction.

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