RBI to conduct 14-day Variable Rate Repo (VRR) auction under LAF on March 22, 2024 -day Variable Rate Repo (VRR) auction under LAF on March 22, 2024

RBI Announcements

RBI Announcements

Published on March 21, 2024

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RBI to conduct 14-day Variable Rate Repo (VRR) auction under LAF on March 22, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

25,000

14

10:30 AM to 11:00 AM

April 05, 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: 2023-2024/2088

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