The Reserve Bank of India (RBI) injected Rs 106.60 billion via 1-day repo auctions held on Sep. 25, 2008. However, reverse repo auctions remained suspended for the day.

At the auction conducted under the second liquidity adjustment facility (SLAF), the central bank received 21 bids for the 1-day repo auctions which were all accepted.

On the previous working day, i.e. Sep. 24, 2008 under the SLAF, the RBI injected Rs 98.90 billion for the 1-day repo auctions via 22 bids held on Sep. 24, 2008. However, it absorbed Rs 50 million for the 1-day reverse repo auctions via 1 bid.

The repos and reverse repos were traded at a fixed rate of 9% and 6% respectively.