"The central bank has extended the tenure of VRR auction to 13 days from seven days because liquidity conditions were expected to improve significantly in January, but it has not happened. Daily deficit numbers are still in 1-1.5-trillion range," Madan Sabnavis, chief economist, Bank of Baroda, told FE. If the RBI conducts next VRR auction of the same duration (13-day), it would mean that the central bank expects the tight liquidity condition to remain for a longer period, he added.
Bu hikaye Financial Express Mumbai dergisinin January 13, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin January 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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