RBI to conduct 14-day Variable Rate Reverse Repo (VRRR) auction under LAF on April 05, 2024

Press Releases Marquee

RbiAnnouncementWeb

Asset Publisher

Back

Published on April 04, 2024

LISTEN

PDF ( 161783 )

RBI to conduct 14-day Variable Rate Reverse Repo (VRRR) auction under LAF on April 05, 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 April 05, 2024, Friday, as under:

Sl. No.

Notified Amount

(₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1,25,000

1:30 PM to 2:00 PM

April 19, 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.

(Yogesh Dayal)
Chief General Manager

Press Release: 2024-2025/39