The Reserve Bank of India (RBI) has injected Rs 118.51 billion in the banking system via 3-days repo on Jan. 30, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 29 bids for 3-days repo, which were accepted. These repos are traded at a fixed rate of 7.75%.
RBI absorbed Rs 183.92 billion via 1-day reverse repo on Jan. 29, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 35 bids for 1-day reverse repo, which were accepted. These reverse repos are traded at a fixed rate of 6.75%.