RBI To Inject Over Rs 2 Lakh Crore In Banking System To Ease Liquidity

RBI To Inject Over Rs 2 Lakh Crore In Banking System To Ease Liquidity
As part of the measures, the central bank will conduct a 90-day variable rate repo (VRR) operation for an amount of Rs 25,000 crore on January 30, allowing banks to borrow funds at market-determined rates against collateral assets to be provided by them.