Policy● Neutral for Indian equities
RBI absorbs ₹2.10 trillion via VRRR auctions amid surplus liquidity
The brief
- RBI absorbed ₹2,10,192 crore through two overnight VRRR auctions
- Liquidity absorption may influence short-term rates and Indian bank funding conditions
- Rate hikes are coming, but don’t count credit growth out just yet
- India Rate Hike Looms as RBI Grapples With Excess Liquidity
- Economic outlook faces upside inflation risks, says Finmin report
- IPO pipeline swells to nearly Rs 4 lakh crore: Liquidity squeeze for secondary markets or valuation reset? Analysts weigh in