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RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on May 08, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 08, 2024, Wednesday, as under:

 

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

25,000

1

12:30 PM to 1:00 PM

May 09, 2024
(Thursday)

 

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: 2024-2025/262

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