Reserve Bank of India will conduct an overnight variable rate reverse repo auction on July 31. This is to absorb Rs 50000 crore from the market. Earlier, on July 29, RBI mopped up Rs 46058 crore through a three-day VRRR. The overnight weighted average call rate settled at 5.38% on Wednesday.
RBI to conduct Rs 50,000 crore overnight VRRR auction on July 31
by ET Markets | July 30, 2025 11:03 pm | Indian Stocks, Market, News