RBI's Smooth Move: ₹2 Trillion VRRR Auction on Monday

Finance

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RBI's Smooth Move: ₹2 Trillion VRRR Auction on Monday

Yo, listen up! The RBI's droppin' a seven-day VRRR auction on Monday, lookin' to snag ₹2 trillion from the banking game. With banks chillin' in a liquidity surplus of ₹3.61 trillion, they gotta keep that WACR smooth at 5.09 percent. It's all about keepin' the flow right, baby!