RBI to conduct 4-day Variable Rate Reverse Repo auction under LAF on February 02, 2024

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Published on Feb 02, 2024

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RBI to conduct 4-day Variable Rate Reverse Repo auction under LAF on February 02, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on February 02, 2024, Friday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

50,000

12:00 noon to 12:30PM

February 06, 2024

(Tuesday)

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: 2023-2024/1788