RBI to conduct 7-day VRRR for Rs 2.5 lakh crore today
Mumbai: The Reserve Bank of India (RBI) will conduct a seven-day variable rate reverse repo (VRRR) operation for ₹2.5 lakh crore on Friday, a day when two previous such operations involving a total of nearly ₹2 lakh crore would be reversed and returned to the banking system. Friday is also the end of the fortnight,…