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RBI to conduct 3-day Variable Rate Repo auction under LAF on January 19, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction on January 19, 2024, Friday, as under:

Sl. No.

Notified Amount

(₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

50,000

3

10:30 AM to 11:00 AM

January 22, 2024

(Monday)

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: 2023-2024/1696

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