RBI's Money Bash: ₹1.42 Trillion Bids at Auction

The RBI hosted a money bash on Thursday, but only snagged ₹1.42 trillion in bids when they were aiming for ₹2 trillion. They’re gearing up for another cash grab on Friday to pull in ₹3 trillion from banks, as the banking system is swimming in a ₹3.75 trillion surplus. The weighted average call rate crept up to 5.21%, keeping the cash flow smooth and steady!