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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on August 11, 2023

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on August 11, 2023, Friday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor (day) Window Timing Date of Reversal
1 1,00,000 14 10:30 AM to 11:00 AM August 25, 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: 2023-2024/729

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