MARKETS 1h ago
Banking liquidity surplus shrinks to Rs 541 crore as cash crunch increases
Economic Times Stocks
Published 23 Oct 2026, 12:57 am IST
ReutersThe Reserve Bank of India's (RBI) variable rate repo (VRRR) operations to infuse ₹50,000 crore liquidity garnered bids of ₹1.62 lakh crore amid a cash crunch in the system.
The Reserve Bank of India's (RBI) variable rate repo (VRRR) operations to infuse ₹50,000 crore liquidity garnered bids of ₹1.62 lakh crore amid a cash crunch in the system. The RBI will conduct another 3-day VRR on Friday. That is in sharp contrast against a peak surplus of ₹11 lakh crore mid-September, after the RBI called time on an incentives-laden forex-inflow program.
Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com
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