RBI to conduct 14-day Variable Rate Reverse Repo (VRRR) auction under LAF on November 29, 2024

Press Releases Marquee

RbiAnnouncementWeb

Asset Publisher

Published on November 28, 2024

LISTEN

PDF (458114)

RBI to conduct 14-day Variable Rate Reverse Repo (VRRR) auction under LAF on November 29, 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 November 29, 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	December 13, 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: 2024-2025/1606