RBI to conduct 4-day Variable Rate Repo auction under LAF for Rs 50000 crore
Mumbai, April 25 -- Reserve Bank of India (RBI) noted in a latest update that on a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction today. The Notified Amount for this is Rs 50000 crore and the tenor is four days.
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