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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
  • 0 Views
  • 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
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.
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Business News Today

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