RBI - Reserve Bank of India

06/24/2024 | Press release | Distributed by Public on 06/24/2024 00:35

RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on June 24, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on June 24, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore) 		Tenor
(day) 		Window Timing Date of Reversal
1 25,000 4 12:00 Noon to 12:30 PM June 28, 2024
(Friday)

2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/545