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The Economic Times

Business

RBI's 29-day VRRR auction receives tepid response despite high surplus liquidity

RBI Reserve Bank Reserve Bank of India

The Reserve Bank of India's (RBI) 29-day variable rate reverse repo (VRRR) auction received a tepid response on Thursday, even though banking system liquidity is in a huge surplus.

However, the central bank's second VRRR auction, with a one-day maturity, received a good response, reflecting banks' reluctance to park money with the RBI for a longer tenure.

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US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

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Top stories on inkl right now

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

US teen arrested for mass shooting plot to kill Hindus inside temple; his manifesto expressing hatred towards Indians is being examined

A 19-year-old man from Palatine, Illinois, has been arrested over an alleged mass shooting plot that may have targeted a Hindu temple in Aurora. Police said investigators examined electronic communications and a manifesto containing white supremacist views and hatred towards Indians.

The Economic Times

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Jake Bauers and Robert Gasser were the unlikely heroes for the Brewers in Game 3, and they have the star-studded Dodgers one loss from elimination.

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Thousands protest across Colombia against new right-wing president

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

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