RBI - Reserve Bank of India

07/01/2024 | Press release | Distributed by Public on 07/01/2024 01:05

RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 01, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 01, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore) 		Tenor
(day) 		Window Timing Date of Reversal
1 75,000 4 12:45 PM to 01:15 PM July 05, 2024
(Friday)

2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/599