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RBI to conduct 14-day Variable Rate Repo (VRR) auction under LAF on May 03, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 03, 2024, Friday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

1,75,000

14

10:30 AM to 11:00 AM

May 17, 2024
(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            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/230

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