Neutral impactStocks

RBI's 29-day VRRR auction receives tepid response despite high surplus liquidity

Economic Times 1 hr ago·8 Oct 2026, 12:56 pm

The Reserve Bank of India on Thursday executed a noteworthy 29-day variable rate reverse repo auction, attracting Rs 79,655 crore in bids, fully accepted at a 5.49 percent rate. This event contrasted sharply with the one-day VRRR auction, which invited bids totaling Rs 1,60,664 crore. Currently, the banking sector enjoys a liquidity surplus of around Rs 4.

Affected stocks

Neutral1 stock

Bank OF India

BANKINDIA Neutral

₹132.35

Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.

Key takeaways

  • Concerns Bank OF India (BANKINDIA).
  • Category: Stocks.

Why it matters

A routine update for Bank OF India. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at Economic Times.

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