INSUBCONTINENT EXCLUSIVE:
RBI will conduct a variable repo rate auction todayMumbai: The Reserve Bank of India (RBI) will be conducting an overnight variable rate
repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore on Monday.The date of reversal is on January 25,
2022, the RBI said in a statement. On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of Rs 50,000
crore.The central bank had said it will continue to rebalance liquidity conditions in a non-disruptive manner while maintaining adequate
liquidity to meet the needs of the productive sectors of the economy.
