RBI's ₹1.25 Trillion Auction Keeps Banking Buzzing

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RBI's ₹1.25 Trillion Auction Keeps Banking Buzzing

The RBI is turning up the heat with a ₹1.25 trillion overnight auction to keep the banking scene buzzing! Recently, they saw bids of ₹16,435 crore, showing the banks are ready to play ball. With liquidity in surplus, the RBI is on a mission to keep those rates grooving just right!