Tepid response to Rs 1 lakh-crore VRRR auction
- Posted on July 15, 2025
- By Financial Express
- 3 Views
Tepid response to Rs 1 lakh-crore VRRR auction
RBI's Rs 1 lakh-crore VRRR auction saw a muted response, with bids at Rs 57,450 crore. Cut-off rate held at 5.49% amid falling liquidity and start of reporting fortnight. Governor Malhotra reaffirms goal to align call money rate with repo rate; liquidity framework update expected soon.
