RBI to conduct Rs 1 lakh cr VRRR auction to absorb surplus liquidity

July 4, 2025

The Reserve Bank of India will conduct a 7-day variable rate reverse repo (VRRR) for ₹1 lakh crore on July 4 to absorb surplus liquidity, which surged to ₹3.75 lakh crore. Government spending and previous liquidity measures have contributed to this surplus.

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NRI Talk | Rupee depreciation shouldn’t deter NRIs; India still offers attractive dollar returns: Feroze Azeez

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