The Reserve Bank has announced that it will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice. Based on assessment of the liquidity conditions, it is decided that the notified amount for the daily Variable Rate Repo (VRR) auction to be conducted on January 17, 2025, Friday, will be ₹50,000 crore.
TRAI comments on “Encouraging Innovative Technologies, Services, Use Cases, and Business Models through Regulatory Sandbox in Digital Communication Sector”
After examining the issue, TRAI has finalized its response to the back-reference. TRAI’s response to the back-reference has been placed on the TRAI’s website.