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RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 26, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 26, 2024, Monday, as under:

Sl. No.

Notified Amount
(
crore)

Tenor
(day)

Window Timing

Date of Reversal

1

50,000

4

11:30 AM to 12:00 Noon

August 30, 2024

(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.

(Puneet Pancholy)    
Chief General Manager

Press Release: 2024-2025/972

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