The Reserve Bank of India (RBI) absorbed Rs 51.77 billion via 1-day reverse repo on Dec. 18, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 17 bids for 1-day reverse repo, which was accepted. These reverse repos are traded at a fixed rate of 7%.

RBI absorbed Rs 17.58 billion via 1-day reverse repo on Dec. 17, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 14 bids for 1-day reverse repo, which was accepted. These reverse repos are traded at a fixed rate of 7%.