Photo: The Economic Times Markets
Business & Finance
RBI's Rs 50,000 crore VRRR faces a muted response from the market
TL;DR
- The Reserve Bank of India announced a variable rate reverse repo operation of ₹50,000 crore. This decision came after the banking system liquidity reached nearly ₹2 lakh crore on Monday. Banks opted to bid ₹23,905 crore, reflecting an asymmetry in the banking system's surplus.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 3, 2026 · Updated 11/4/2026, 1:49:50 AM · Reported with: The Economic Times Markets
Sources (1)
NRI Bytes writes its own articles from the reporting below.
The Economic Times Markets — RBI's Rs 50,000 crore VRRR faces a muted response from the marketUp next · Business & Finance
NSE shares in focus after Q2 net profit rises 23% YoY. Why Jefferies, other brokerages remain bullish?
Read next →
More stories
Business & Finance
BSE Is NSE's Only Credible Options Rival, Says Kotak; Initiates Coverage With 'Add'
47m ago
Business & Finance
Dhoot Transmission Review: Jefferies Raises Target Price, Kotak Maintains 'Sell'
47m ago
Business & Finance
As it readies AI consultation paper, MeitY weighs sector-specific approach
47m ago
Business & Finance
Nikkei slides to 3-month low as AI stocks tumble on US election jitters
47m ago
