The Reserve Bank of India (RBI) said on Wednesday,
Post# of 28537
receive any bids at its one-day reverse repo auction, through
which it absorbs excess liquidity from the banking system.
Earlier in the day, it accepted all 32 bids for 796.25
billion rupees ($14.61 billion) at its one-day repo auction,
through which it injects liquidity into the banking system.
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REPO
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