RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on October 20, 2023

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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on October 20, 2023

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on October 20, 2023, Friday, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	50,000	14	10:30 AM to 11:00 AM	November 03, 2023 (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.

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/1139