RBI to conduct longer term Variable Rate Reverse Repo Auctions

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Published on November 13, 2019

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RBI to conduct longer term Variable Rate Reverse Repo Auctions

The Reserve Bank monitors the system liquidity on an ongoing basis and conducts liquidity management operations based on an assessment of the evolving liquidity conditions and the requirements of the system.

Based on an assessment of the current and evolving liquidity conditions, RBI has decided to conduct two Variable Rate Reverse Repo auctions as under:

Sl. No.	Auction Date	Notified Amount (₹ crores)	Tenor (days)	Window Timing	Date of Reversal
1.	November 14, 2019 (Thursday)	25,000	21	12.00 pm to 12.30 pm	December 5, 2019 (Thursday)
2.	November 18, 2019 (Monday)	25,000	21	12.00 pm to 12.30 pm	December 9, 2019 (Monday)