RBI to discontinue daily VRR auctions from June 11 onwards due to evolving liquidity conditions

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Reserve Bank of India will stop daily Variable Rate Repo auctions. The discontinuation is effective from June 11, 2025. This decision follows a review of liquidity conditions. Earlier, daily VRR auctions were announced on January 15, 2025. The final VRR auction will occur on June 10, 2025. The notified amount for this auction is ₹25,000 crore.