Banks bid for twice the notified amount at 56-day VRR auction
- Posted on February 7, 2025
- By Financial Express
- 4 Views
Banks bid for twice the notified amount at 56-day VRR auction
In January, the RBI announced measures like open market operation purchases, 56-day VRR and buy/sell swap to ease the prevailing tight liquidity conditions in the banking system.
