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RBI ne VRR amount ko ₹1.5 trillion kar diya, kya drama hai!

Finance

Business Standard
Problem LalProblem Lal

RBI ne VRR amount ko ₹1.5 trillion kar diya, kya drama hai!

Arre bhai, suno! RBI ne 10 din ka VRR amount double kar diya, ab ₹1.5 trillion! Lagta hai tax aur GST ka pressure hai, samjhe? Jaise Daya ka garba, liquidity bhi tight ho gaya hai! Pichle auction mein toh koi interest nahi tha, sab chalu hai! Bas, RBI kuch kar raha hai, samjho! Aaj kal toh sab kuch drama ho gaya hai, bhaiyya!

few days ago | BS Reporter

Quick rundown

1.RBI doubles VRR auction amount to manage liquidity.
2.Advance tax and GST outflows tighten liquidity mid-month.
3.RBI's OMO and swap operations aim to neutralize liquidity impact.
4.Previous VRR auction was under-subscribed by banks.
5.System liquidity expected to ease towards month-end with government spending.

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