business
3 min read•Sep 23, 2026
RBI Absorbs ₹71,971 Crore Liquidity, Warns Banks Against Loan Price War
The Reserve Bank of India (RBI) absorbed ₹71,971 crore from the banking system through an overnight variable rate reverse repo (VRRR) auction on September 22, as banks continue to hold substantial surplus liquidity. At the same time, the central bank cautioned lenders against entering a loan price war, warning that aggressive lending could eventually affect credit quality.
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