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RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 12, 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 August 12, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 1,00,000 4 10:45 AM to 11:15 AM August 16, 2024
(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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/875

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