ReferIndia News Banks' Demand Muted at RBI's VRR Auction Despite Lower Surplus Liquidity

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Banks' Demand Muted at RBI's VRR Auction Despite Lower Surplus Liquidity

Published on: June 19, 2026, 1:05 p.m. | Source: Outlook Business

RBI’s latest 3-day VRR auction saw muted bank demand, with bids of ₹16,750 crore against a ₹1 lakh crore notification, even as system liquidity stayed in surplus at about ₹19,163 crore. Learn how lower surplus liquidity, short-term funding needs and recent RBI VRR infusions are shaping money market rates and banking system conditions.

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