July 8 (Reuters) - India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9. The move follows the central ...

RBI VRR auction: The Reserve Bank of India (RBI) is going to drain excess cash in the money markets. For this, the apex bank has decided to conduct a seven-day variable rate reverse repo auction.

July 3 (Reuters) - India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion) on July 4, following a review of ...

India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...