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RBI to conduct VRRR today to mop up Rs 1 lakh crore

RBI to conduct VRRR today to mop up Rs 1 lakh crore

Reserve Bank of India will conduct a three-day variable rate reverse repo operation. The operation is for ₹1 lakh crore on Tuesday. This announcement was expected due to the fall in overnight rates. The reversal of the three-day VRRR will occur on Friday. ₹1.…

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