RBI to conduct Overnight Variable Rate Reverse Repo Auctions under LAF on August 21, 2019

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Published on August 20, 2019

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RBI to conduct Overnight Variable Rate Reverse Repo Auctions under LAF on August 21, 2019

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on August 21, 2019, Wednesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No.	Notified Amount (₹ billion)	Tenor (day)	Window Timing	Date of Reversal
1	700	1	10.30 am to 11.00 am	August 22, 2019 (Thursday)
2	500	1	4:00 pm to 4:30 pm	August 22, 2019 (Thursday)