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RBI to conduct 7-day Variable Rate Repo auction under LAF on December 29, 2023

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction on December 29, 2023, Friday, in lieu of the main operation, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

1,25,000

7

10:30 AM to 11:00 AM

January 05, 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           
Director (Communications)

Press Release: 2023-2024/1563

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