RBI won't curtail VRR auctions, some banks still prefer the option, says governor Sanjay Malhotra

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Banks borrowed Rs 6,012 crore on April 3 via VRR, Rs 12,419 crore on April 4, Rs 16,505 crore on April 7, Rs 23,515 crore on April 8, and Rs 19,295 crore on April 9.