RBI to conduct 4-day Variable Rate Reverse Repo auction under LAF on June 05, 2023

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RBI to conduct 4-day Variable Rate Reverse Repo auction under LAF on June 05, 2023

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on June 05, 2023, Monday, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,00,000	04	2:00 PM to 02:30 PM	June 09, 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: 2023-2024/335