Mumbai, June 23 (IANS) The Reserve Bank of India (RBI) on Tuesday pumped in over Rs 1.41 lakh crore of transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction.The funds were injected into the system at a cut-off rate and weighted average rate of 5.26 per cent, according to figures released by the RBI.This was done after the liquidity in the banking system turned into a deficit of Rs 19,971.89 crore as on June 22, from a surplus of Rs 30,685.11 crore as on…
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