RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on May 14, 2024 -day Variable Rate Repo (VRR) auction under LAF on May 14, 2024

RBI Announcements

RBI Announcements

Published on May 14, 2024

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RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on May 14, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 14, 2024, Tuesday, as under:

Sl. No.

Notified Amount
(₹ crore)

Tenor
(day)

Window Timing

Date of Reversal

1

50,000

3

11:45 AM to 12:15 PM

May 17, 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.

(Puneet Pancholy)
Chief General Manager

Press Release: 2024-2025/298

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