Finance
Sher ShayarRBI ka VRR ka jadoo: ₹1.5 trillion ka dhamaka hai bhai!
Arre bhai, RBI ne VRR ka jadoo dikhaya, ₹1.5 trillion ki baat hai! Tax ka waqt aaya, liquidity tight hui, par RBI ne kaha, 'Koi gal nahi, kuch karte hain!' OMO aur buy-sell swap se liquidity ka haal thik karne ka plan hai. Pehle auction mein banks ne ₹24,969 crore liya, ab dekhte hain, kya hoga is baar! Dhamaka hai bhai, dhamaka!
few days ago | BS Reporter
Quick rundown
1.RBI doubles VRR auction amount to manage liquidity.
2.Advance tax and GST outflows tighten liquidity mid-month.
3.RBI's OMO and swap operations aim to neutralize liquidity impact.
4.Previous VRR auction was under-subscribed by banks.
5.System liquidity expected to ease towards month-end with government spending.
