RBI Injects Rs 1.41 Lakh Crore to Boost Banking System Liquidity
New Delhi, Jun 24: The Reserve Bank of India (RBI) on Tuesday infused Rs 1.41 lakh crore into the banking system through a seven-day Variable Rate Repo (VRR) auction, responding to emerging liquidity pressures triggered by tax-related outflows.
According to data released by the central bank, the auction saw an infusion of Rs 1,41,171 crore at a…
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