RBI to conduct Rs 1.25 lakh-crore VRRR
Synopsis Reserve Bank of India will conduct a variable rate reverse repo operation on Friday. The aim is to absorb ₹1.25 lakh crore from the market. This follows a recent injection of ₹50,000 crore into the banking system through a two-day variable rate repo. An overnight VRR operation was also conducted on Thursday. RBIVRRRbankingfundsrepo rate Nikita Papers IPO opens on May 27, price band set at Rs 95-104 per share
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