"RBI will be conducting a VRRR (Variable Rate Reverse Repo) auction on December 27, aiming to reduce the liquidity of INR 2,00,000 Cr from the system. It is another step of RBI towards unwinding the excess cash through auctions. Earlier in the week, a similar auction was conducted by the RBI on December 20 to remove INR 81,160 Cr liquidity from the system."
Vinidhan - The Student Investment Fund presents - The Weekly Wrap (24th December 2021).
Weekly Wrap_26 Dec.pdf
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