India Scheduled Bank Deposits Rise 4.3% YoY, Credit Growth Steady
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The Reserve Bank of India will conduct a 3-day Variable Rate Reverse Repo auction for ₹75,000 crore on November 13, 2026, to absorb surplus liquidity. This is a routine liquidity management operation under the LAF framework, indicating the central bank's continued focus on managing banking system liquidity. The move suggests liquidity remains in surplus, with no immediate policy rate signal.
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