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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on February 28, 2020

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on February 28, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020.

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 2,80,000 14 2:30 pm to 3:00 pm March 13, 2020 (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.

Ajit Prasad
Director   

Press Release: 2019-2020/1995

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