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RBI to conduct 5-day Variable Rate Repo (VRR) auction under LAF on March 21, 2025

On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a 5-day Variable Rate Repo (VRR) auction on March 21, 2025. It has been decided not to conduct the 14-day main operation for the ensuing fortnight.

The details of the 5-day VRR operation are as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 50,000 5 11:00 AM to 11:30 AM March 26, 2025
(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.

 

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/2423

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