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RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on December 17, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on December 17, 2024, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 25,000 1 12:00 Noon to 12:30 PM December 18, 2024
(Wednesday)

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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/1717

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