RBI to conduct overnight VRR auction of ₹75,000 cr today
The Hindu
The central bank had said it will continue to rebalance liquidity conditions in a non-disruptive manner.
The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of ₹75,000 crore on January 24, 2022.
The date of reversal is on January 25, 2022, the central bank said in a release.
On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of ₹50,000 crore.
In 2021, five women from Mayithara, four of them MGNREGA (Mahatma Gandhi National Rural Employment Guarantee Act) workers, found a common ground in their desire to create a sustainable livelihood by growing vegetables. Rajamma M., Mary Varkey, Valsala L., Elisho S., and Praseeda Sumesh, aged between 70 and 39, pooled their savings, rented a piece of land and began their collective vegetable farming journey under the Deepam Krishi group.