economic
Archived signal
RBI absorbs ₹71,971 crore liquidity from banks
VRRR is the rate at which banks park their funds with the RBI. It is a tool that central banks use to suck liquidity
Reported by The Hindu
Read the complete report at The Hindu ↗
Verification notice
IntelMap indexes open-source reporting. This page identifies what a source reported; it does not independently confirm the claim.
2 reports · 2 sources
The HinduRBI absorbs ₹71,971 crore liquidity from banksThe HinduRBI absorbs ₹71,971 crore liquidity from banks8 recorded states
Signal first indexedP1 · 68% quality · 1 source
Corroboration 1→2 sources · quality 68→72P1 · 72% quality · 2 sources
Quality 72→76P1 · 76% quality · 2 sources
Quality 76→80P1 · 80% quality · 2 sources
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Quality 88→96P1 · 96% quality · 2 sources
Quality 96→99P1 · 99% quality · 2 sources