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RBI to conduct 6-day Variable Rate Repo (VRR) auction under LAF on June 21, 2024

On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a Variable Rate Repo (VRR) auction on June 21, 2024, Friday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

1,00,000

6

10:30 AM to 11:00 AM

June 27, 2024
(Thursday)

2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2024-2025/531

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