Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will lead to a drop in overnight interbank and money market rates, as well as ...

If you want daily liquidity, a decent yield, and FDIC protection, your best bet will tend to be a high-yield savings account through an online bank or a savings account through a credit union.

"The 14-day repo has outlived its time and with 24-hour banking, we need daily liquidity management tool so banks have suggested the Reserve Bank of India to revert to overnight operations at a ...