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RBI mops up Rs 6.02 lakh crore through VRRR auctions against Rs 8.5 lakh crore intent

Posted on September 4, 2026
By Business News Today
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1 min read

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RBI mops up Rs 6.02 lakh crore through VRRR auctions against Rs 8.5 lakh crore intent

The surplus liquidity in the system rose to a record high of Rs 10.3 lakh crore as of September 3, forcing the central bank to step up liquidity absorption operations. The massive foreign currency inflows and the following dollar-rupee swaps are contributing to the massive liquidity overhang.