RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on April 03, 2024 -day Variable Rate Reverse Repo (VRRR) auction under LAF on April 03, 2024

RBI Announcements

RBI Announcements

Published on April 03, 2024

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RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on April 03, 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 03, 2024, Wednesday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

1,25,000

2

11:00 AM to 11:30 AM

April 05, 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: 2024-2025/20

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