The Reserve Bank of India (RBI) absorbed Rs 21.91 billion via 1-day reverse repo on Jan. 22, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 14 bids for 1-day reverse repo, which were accepted. These reverse repos are traded at a fixed rate of 6.75%.
RBI absorbed Rs 48.94 billion via 1-day reverse repo on Jan. 21, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 15 bids for 1-day reverse repo, which were accepted. These reverse repos are traded at a fixed rate of 6.75%.