EconomyIndia’s RBI taps longer-duration reverse repo to absorb liquidity, offers early exit option
India’s central bank said it will conduct a 30-day variable-rate reverse repo auction worth 7 trillion rupees ($74.09 billion) on September 7. An early-redemption option is intended to encourage banks to park excess funds while preserving flexibility to withdraw them if needed.
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Reuters★★★☆☆2026-09-04 17:50Original
India’s RBI taps longer-duration reverse repo to absorb liquidity, offers early exit option
Economy