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RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on March 22, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

50,000

4

12:30 PM to 1:00 PM

March 26, 2024

(Tuesday)

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.

 

(Yogesh Dayal)        
Chief General Manager

Press Release: 2023-2024/2097

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