Current Affairs · Banking and Economy
In September 2025, India's banking system liquidity deficit widened substantially due to advance tax and GST outflows. To manage this liquidity crisis, the RBI conducted a Variable Rate Repo (VRR) auction worth ₹1.5 lakh crore. What was the weighted average rate at which the bids were accepted in this overnight VRR auction?
- 16.00%
- 26.25%
- 36.72%✓
- 46.50%
Correct answer
6.72%
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