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RBI to conduct 13-day Variable Rate Reverse Repo (VRRR) auction under LAF on October 18, 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 October 18, 2024, Friday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

1,00,000

13

10:30 AM to 11:00 AM

October 31, 2024
(Thursday)

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            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/1322

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