The Reserve Bank of India (RBI) has injected Rs 187.01billion in the banking system via 1-day repo on Feb. 25, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 51 bids for 1-day repo, which were accepted. These repos are traded at a fixed rate of 7.75%.
RBI absorbed Rs 39.73 billion via 1-day reverse repo on Feb. 24, 2015. At the auction conducted under liquidity adjustment facility, the central bank received 24 bids for 1-day reverse repo, which were accepted. These reverse repos are traded at a fixed rate of 6.75%.