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:

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