April 30, 2024 19:04 (IST)
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RBI conducts 2-day VRRR auctions as liquidity in banking system nears Rs 1 trillion

Mumbai: The Reserve Bank of India on Tuesday held a two-day variable rate reverse repo (VRRR) auction due to the nearing Rs 1 trillion liquidity surplus in the banking system.

RBI restores LAF, introduces SDF

Mumbai: The RBI introduced as introduced the Standing Deposit Facility or SDF at 3.75 percent as part of its liquidity management and normalisation of the Liquidity Adjustment Facility (LAF).