Blog · 9 Sep 2026
Central bank overnight cash withdrawal auction: Banks park ₹3.53 L cr after tepid 30-day auction
On 7 September, banks showed limited interest in the RBI’s VRRR auctions, submitting bids below the notified amounts.
On 7 September, banks showed limited interest in the RBI’s VRRR auctions, submitting bids below the notified amounts.
A second auction for overnight funds saw stronger participation, indicating banks prefer shorter parking periods.