RBI variable repo repo auction: Reserve Bank of India to keep a repo auction of Rs 75,000 crore

MUMBAI: The Reserve Bank of India (RBI) announced the auction of a RPO (VRR) auction on Thursday at Rs 75,000 crore, which will be held on Friday. The VRR will be reversed on April 7, two days before the Central Bank announces its next monetary policy.

V.R. Bond purchase plan – or Open market functions (Omo) – Last at a host Cash flow injection measures Announced on January 27.

It received auctions worth 87 1.87 lakh crore against 000 40,000 crore.

In a parallel growth, the Reserve Bank did not accept the auctions for the 91 -day and 182 -day treasury bills held on Thursday. However, for the 360 ​​-day auction, 6.5638%accepted 000 7,000 crore auctions.

Market participants said that the Reserve Bank of India will announce cash flow support as computer liquidity is ongoing.

“If the Reserve Bank does not announce any prolonged cash flow injection measures, the main deficit may be ₹ 1.2 lakh crore by the end of this year. We expect to announce the Reserve Bank’s OMO by March 2025. IDFC First BankThe RPI did not accept 000 14,000 crore and 182 days, for the amount of auctions for the 91 -day auction. Let’s look at the decision on the T-Bill rejection from two perspectives.Need in short-dime?
“Considering the current tight cash flow conditions, the Reserve Bank may hesitate to further squeeze the cash flow. The government may expect a short-term surplus in the next month with GST flows and advance taxpayers. A bid on a strategic activity, ”said Treasury President VRC Reddy Karu Vaisya Bank.

The Reserve Bank of India has taken several steps to inject cash flow in the system, including the purchase of bond procurement, long -term VRR auctions and $ 5 billion to buy/sell.

The initial bond purchase or OMO total, 000 60,000 crore, which was raised up to ₹ 1 lakh crore. This is ₹ 50,000 crore 56 -day VRR and 000 75,000 crore 49 day VRR -Both mature on April 4, a few days before the next Monitoring announcement Is scheduled for April 9.

The bank has conducted the screen -based OMOS for 000 59,000 crore.