. RBI VRRRs already undersubscribed, why would banks park more funds as tenure rises, ask traders - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

RBI VRRRs already undersubscribed, why would banks park more funds as tenure rises, ask traders

RBI VRRRs already undersubscribed, why would banks park more funds as tenure rises, ask traders

10 Dec 2021

On Wednesday, while detailing the fifth monetary policy statement of the current financial year, RBI Governor Shaktikanta Das unveiled a shift in the current approach to liquidity management by saying that from January 2022, the absorption of surplus funds would be undertaken primarily through the auction route.