STATE ACTION
BUSINESS
RBI injects ₹1.41 lakh crore liquidity in banking system via 7-day VRR auction
The funds were infused at a cut-off and weighted average rate of 5.26%
Pulse Bharat · Why it matters
Read the original at The Hindu BusinessLine ↗
The Reserve Bank of India's liquidity injection aims to ensure adequate funds are available for banks to meet credit demands and maintain financial stability.