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RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on February 29, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo auction (VRR) on February 29, 2024, Thursday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

25,000

1

11:00 AM to 11:30 AM

March 01, 2024

(Friday)

 

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.

 

(Yogesh Dayal)       
Chief General Manager

Press Release: 2023-2024/1963

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