With a view to address any additional demand for liquidity and to provide flexibility to the banking system in its liquidity management towards the year end, the Reserve Bank of India has decided to conduct the following fine-tuning variable rate Repo auctions:

2. As a special case, Standalone Primary Dealers will be allowed to participate in these auctions along with other eligible participants.

3. All other terms and conditions as applicable to Term Repo auctions will remain the same.

Ajit Prasad
Director  

Press Release: 2019-2020/2030