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The Reserve Bank Of India (RBI) has stated that on a review of evolving liquidity and financial conditions, it has been decided to restore normal liquidity management operations in a phased manner.
Accordingly, the Reserve Bank will conduct Variable Rate Reverse Repo auction for a notified amount of Rs 200000 crores on January 15, 2021 under the revised Liquidity Management Framework issued on February 06, 2020.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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