* India cenbank: weighted average rate at 6.24 percent at 7-day variable rate reverse repo auction * India cenbank: allots 400.11 billion rupees at 7-day variable rate reverse repo auction; gets bids ...

July 3 (Reuters) - India's central bank said on Thursday it will conduct a seven-day variable rate reverse repo auction worth one trillion rupees ($11.71 billion) on July 4, following a review of ...

MUMBAI (Reuters) -Indian banks are likely to adopt a cautious approach in deploying funds at the central bank's reverse repo auction which is likely to take place on Friday after a recent cash crunch ...

RBI VRR auction: The Reserve Bank of India (RBI) is going to drain excess cash in the money markets. For this, the apex bank has decided to conduct a seven-day variable rate reverse repo auction.

India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...