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Bid amount exceeds RBI offer for 1st time in daily VRR auctio

Posted by Able on January 22, 2025

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On Wednesday, the Reserve Bank of India (RBI) received bids totaling ₹1.72 lakh crore in its daily variable rate repo (VRR) auctions, 38% higher than the notified amount of ₹1.25 lakh crore.

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Bid amount exceeds RBI offer for 1st time in daily VRR auctio

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