Global EconomyEconomic Times•1 min read•11/4/2026 (4h ago)

RBI's Rs 50,000 crore VRRR faces a muted response from the market

RBI's Rs 50,000 crore VRRR faces a muted response from the market
60-Word AI Digest

The Reserve Bank of India announced a variable rate reverse repo operation of ₹50,000 crore. This decision came after the banking system liquidity reached nearly ₹2 lakh crore on Monday. Banks opted to bid ₹23,905 crore, reflecting an asymmetry in the banking system's surplus. The weighted average call rate decreased to 5.45% from 5.50% on Monday....

Key Takeaways

  • The Reserve Bank of India announced a variable rate reverse repo operation of ₹50,000 crore.
  • This decision came after the banking system liquidity reached nearly ₹2 lakh crore on Monday.
  • Banks opted to bid ₹23,905 crore, reflecting an asymmetry in the banking system's surplus.

The Reserve Bank of India announced a variable rate reverse repo operation of ₹50,000 crore. This decision came after the banking system liquidity reached nearly ₹2 lakh crore on Monday. Banks opted to bid ₹23,905 crore, reflecting an asymmetry in the banking system's surplus. The weighted average call rate decreased to 5.45% from 5.50% on Monday. Another VRRR operation of ₹50,000 crore is scheduled for Wednesday.

Original Publisher Attribution

This summary was curated from Economic Times.

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RBI's Rs 50,000 crore VRRR faces a muted response from the market — Loop60