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RBI to conduct 13-day Variable Rate Repo (VRR) auction under LAF on February 23, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 23, 2024, Friday, as under:

 

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

1,00,000

13

10:30 AM to 11:00 AM

March 07, 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.

Ajit Prasad              
Director (Communications)

Press Release: 2023-2024/1921

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