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Reserve Bank of India

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RBI absorbs Rs 75,026 crore through VRRR auction amid surplus liquidity

The RBI has been conducting a series of VRRR auctions since last month to absorb surplus funds from banks and ensure overnight rates remain closer to the benchmark repo rate.

Telangana Today1 source1 min read

Banks closed today: Check if your state has a holiday on September 18

According to the Reserve Bank of India (RBI) bank holiday calendar, banks will remain closed only in Meghalaya on September 18.

Hindustan Times2 sources1 min read

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