RBI Injects ₹84,582 Crore into Banking System Through Liquidity Infusion
Mumbai, March 30 – The Reserve Bank of India (RBI) provided ₹84,582 crore of short-term liquidity to the banking system on Monday through two variable rate repo (VRR) auctions.Two VRR Auctions Conducted
The central bank initially injected ₹50,001 crore through the first VRR auction, held early in the day. The cut-off rate for this auction was 5.34 percent, with a weighted average rate of 5.44 percent, according to the RBI’s release.A second VRR auction was conducted later in the day, injecting another ₹34,581 crore. This auction utilized a cut-off rate of 5.26 percent and a weighted average rate of 5.30 percent.
Auction Results
The first auction received bids totaling ₹57,287 crore, exceeding the notified amount of ₹50,000 crore. The RBI accepted bids worth ₹50,001 crore. The second auction, however, saw lower bids than the notified amount.Liquidity Levels
As of March 27, the estimated liquidity in the banking system stands in excess of approximately ₹1.27 lakh crore.Recent Liquidity Infusions
Over the past few days, the RBI has infused ₹2,73,530 crore of short-term liquidity into the banking system through VRR auctions of various tenures.Durable Liquidity
Prior to these VRR auctions, the RBI has injected ₹3.50 lakh crore of durable liquidity into the banking system through open market purchases (OMPs) of government securities since January 2026.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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