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    RBI to conduct overnight VRR auction of Rs 75,000 crore on Monday

    Synopsis

    On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of Rs 50,000 crore.

    RBI to conduct overnight VRR auction of Rs 75,000 crore on MondayAgencies
    Mumbai: The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore today. The date of reversal is on January 25, 2022, the central bank said in a release.

    On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of Rs 50,000 crore.

    The central bank had said it will continue to rebalance liquidity conditions in a non-disruptive manner while maintaining adequate liquidity to meet the needs of the productive sectors of the economy.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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