Tea prices fall at North India auction centres amid higher production, imports from Kenya
Tea prices at the North India auction centres fell in the range of 10-15 per cent year-on-year during the past month on the back of
Biggest piece of Mars on Earth going up for auction in New York
The meteorite NWA 16788, the largest known piece of Mars on Earth, is displayed during the press preview of Sotheby’s Natural History auction in New
RBI accepts ₹1.51 lakh crore in bids at 7-day VRRR auction, short of the notified ₹2.5 lakh crore
The under-subscription of the ₹2.5 lakh crore auction amount suggests that banks are reluctant to park large amounts for longer durations. | Photo Credit: REUTERS
RBI to hold ₹2.5 lakh crore 7-day VRRR auction on Friday
The Reserve Bank of India (RBI) will conduct a ₹2.5 lakh crore, 7-day variable rate reverse repo (VRRR) auction on Friday, according to a statement.
RBI accepts ₹97,315 cr in VRRR auction at 5.49% cut-off rate
The Reserve Bank of India (RBI) today received and accepted bids amounting to ₹97,315 crore in its two-day Variable Rate Reverse Repo (VRRR) auction, against
Banks want to park more than ₹1.7 lakh crore at VRRR auction
FILE PHOTO: A man walks past an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in
RBI’s VRRR auction to drain out excess liquidity in banking system
At the last 7-day VRRR auction held on June 27, 2025, banks parked liquidity amounting to ₹84,975 crore against the notified auction amount of ₹1
Banks place surplus funds amounting to ₹84,975 cr at VRRR auction
VRRR auctions are aimed at absorbing surplus liquidity in the banking system and ensuring that overnight call money rate stays closer to the repo rate.
RBI to conduct 7-day auction of ₹1 lakh crore to absorb excess liquidity from the banking system
This comes in the backdrop of the banking system’s surplus liquidity touching ₹2.43 lakh crore as on June 23. | Photo Credit: REUTERS The Reserve
23andMe founder buys back genetic testing company in second auction
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