A significant amount of funds was absorbed by the central bank through auctions. The total amount absorbed was more than Rs 6.02 lakh crore. This was achieved through two separate auctions, with the first attracting a large amount and the second a smaller one.

The auctions were used to manage the surplus liquidity in the banking system. Further details about the auctions and their impact are available.

The central bank's efforts to manage liquidity are ongoing, with various tools being used to absorb surplus funds.