RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on November 07, 2024 -day Variable Rate Reverse Repo (VRRR) auction under LAF on November 07, 2024

Back

Published on November 06, 2024

PDF (452.31 KB)

RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on November 07, 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 07, 2024, Thursday, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,75,000	4	10:00 AM to 10:30 AM	November 11, 2024 (Monday)

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.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/1440