RBI pulls out ₹2 lakh crore transient liquidity via 7-day VRRR auction Business News & Hub

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The Reserve Bank of India (RBI) on Friday (April 17, 2026) pulled out ₹2,00,031 crore of transient liquidity from the banking system through a seven-day variable rate reverse repo (VRRR) auction.

The central bank had received higher bids worth ₹2,28,098 crore than the notified amount of ₹2 lakh crore in the auction. The RBI accepted the bid at a 5.24% cut-off rate and 5.23% weighted average rate.


Source: https://www.thehindu.com/business/rbi-pulls-out-2-lakh-crore-transient-liquidity-via-7-day-vrrr-auction/article70873111.ece