The Reserve Bank of India (RBI) has injected Rs 166.85 billion in the banking system via 1-day repo on Nov. 27, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 36 bids for 1-day repo, were accepted. These repos are traded at a fixed rate of 8%.
RBI absorbed Rs 33.23 billion via 1-day reverse repo on Nov. 27, 2014. At the auction conducted under liquidity adjustment facility, the central bank received 16 bids for 1-day reverse repo, which was accepted. These reverse repos are traded at a fixed rate of 7%.