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RBI to conduct 14-day Variable Rate Repo auction under LAF on May 19, 2023

On a review of current and evolving liquidity conditions, the Reserve Bank of India will conduct a Variable Rate Repo auction on May 19, 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 June 02, 2023
(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.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/246

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