Development · 2 Sep 2026
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The RBI offered to absorb Rs 10 lakh crore through two VRRR auctions on Tuesday, but banks parked only Rs 3.74 lakh crore, with the seven-day auction attracting bids worth Rs 1,14,320 crore at a weighted average rate of 5.24% and the overnight auction receiving Rs 2,59,846 crore at the same rate.
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