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RBI to conduct 3-day Variable Rate Reverse Repo auction under LAF on July 11, 2023

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on July 11, 2023, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 2,00,000 03 10:30 AM to 11:00 AM July 14, 2023
(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 (Communications)

Press Release: 2023-2024/574

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