The Reserve Bank of India (RBI) on Wednesday infused Rs 72,300 crore transient liquidity through two Variable Rate Repo (VRR) auction into the banking system after surplus liquidity narrowed following advance tax payments.

India

Who

Reserve Bank of India (RBI)

What

When

Wed, 17 Jun 2026 12:53:33 GMT · 2h 16m ago

Where

India ·

Why

Surplus liquidity narrowed following advance tax payments, prompting the central bank's intervention to infuse transient liquidity in the banking system.

The Frontline Impact

How this affects you

The RBI's action to inject Rs 72,300 crore into the banking system aims to stabilize overnight rates and manage liquidity mismatches, which can affect the cost of borrowing for banks and impact the broader financial system in India.

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Verified Sources & Citations

NDTV Profit
https://www.ndtvprofit.com/markets/rbi-infuses-rs-72-300-crore-transient-liquidity-into-banking-system-via-vrr-auctions-as-surplus-narrows-11649674
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