RBI to conduct Rs 50,000 cr 2-day variable rate repo auction on Jun 3

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The Reserve Bank of India will conduct a two-day variable rate repo auction worth Rs 50,000 crore on June 3. This move aims to manage liquidity in the banking system. The auction will occur between 9:30 am and 10 am. Funds will be reversed on June 5.

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RBI to conduct Rs 50,000 cr 2-day variable rate repo auction on Jun 3

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