The Reserve Bank of India (RBI) injected Rs 635.95 billion via 1-day repo auctions held on Sep. 22, 2008. However, reverse repo auctions remained suspended for the day.

At the auction conducted under the liquidity adjustment facility, the central bank received 49 bids for the 1-day repo auctions which were all accepted.On the previous working day, i.e. Sep. 19, 2008, the RBI injected Rs 591.35 billion for the 3-days repo auctions via 47 bids. However, reverse repo auctions remained suspend