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RBI to conduct 14-day Variable Rate Repo (VRR) auction under LAF on February 09, 2024

     On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 09, 2024, Friday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

1,75,000

14

10:30 AM to 11:00 AM

February 23, 2024

(Friday)

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              
Director (Communications)

Press Release: 2023-2024/1831                                              

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