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RBI to conduct Overnight Variable rate Reverse Repo auction under LAF on July 3, 2019 - Revised

With reference to the Press Release dated July 2, 2019 on the captioned subject, it has been decided to revise the notified amount of the Overnight Variable rate Reverse Repo auction as under:

Sl. No. Notified Amount
(₹ billion)
Tenor (day) Window Timing Date of Reversal
1 1400 1 3.30 pm to 4.00 pm July 4, 2019 (Thursday)

There is no change in the other terms and conditions.

Ajit Prasad
Director (Communications)

Press Release : 2019-2020/31

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