RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 31, 2024

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Published on July 31, 2024

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RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 31, 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 July 31, 2024, Wednesday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

75,000

12:00 Noon to 12:30 PM

August 02, 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.