Indian Banking

RBI Receives Rs 3.93 Lakh Crore Bids in VRRR Auction
Business

RBI Receives Rs 3.93 Lakh Crore Bids in VRRR Auction

The Reserve Bank of India on Tuesday received bids worth Rs 3,93,352 crore in a Variable Rate Reverse Repo (VRRR)…
RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut
Business

RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut

The Reserve Bank of India (RBI) is stepping up efforts to absorb surplus liquidity from the banking system as excess…
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