RBI Conducts Two Auctions to Absorb Surplus Liquidity Amid Technical Glitch
The Reserve Bank of India conducted two variable rate reverse repo (VRRR) auctions on September 7 to absorb surplus liquidity from the banking system. The 30-day auction, with a notified amount of Rs 7 lakh crore, received bids worth Rs 2.59 lakh crore, partly due to a technical glitch on the usual e-Kuber platform that affected participation. Subsequently, an overnight auction for Rs 5 lakh crore saw better response, with bids exceeding 70% of the notified amount. The RBI accepted all bids at a 5.24% rate amid a banking liquidity surplus exceeding Rs 11 lakh crore, driven by strong foreign currency inflows.
First-hand measurement across 11 sources
We measured how 11 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (50/100). Lens Score 39/100.
Outlets measured: thehindu, businessstandard, freepressjournal, businessstandard, mint, freepressjournal, news18, freepressjournal, and 3 more. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (48–55/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
moneycontrol broke this story on 7 Sept, 06:45 am. Other outlets followed.