RBI injects ₹81,590 crore transient liquidity into banking system via 3-day VRR auction
RBI said the funds were infused at a 5.26% cut-off rate. File | Photo Credit: Reuters The Reserve Bank of India (RBI) on Friday (May 22, 2206) injected ₹81,590 crore of transient liquidity into the banking system through a three-day variable rate repo (VRR) auction. Transient liquidity refers to temporary cash flow fluctuations in a…