RBI to conduct Rs 1 lakh-crore VRRR today to align market rates

The Reserve Bank of India (RBI) will conduct a ₹1 lakh crore variable rate reverse repo (VRRR) operation to manage liquidity. This move aims to align the weighted average call rate (WACR) and TREPS rate within the liquidity adjustment facility (LAF) corridor. The operation, scheduled for Wednesday, will be reversed on Friday, July 11.

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