RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on March 06, 2024 - RBI

RBI Announcements

RBI Announcements

Published on March 05, 2024

PDF (796.41 KB)

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on March 06, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on March 06, 2024, Wednesday, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

1,00,000

1

10:30 AM to 11:00 AM

March 07, 2024

(Thursday)

2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad
Director (Communications)

Press Release: 2023-2024/2004

Install the RBI mobile application and get quick access to the latest news!

Download from Google Play Store

Download from App Store

Scan Your QR code to Install our app

Was this page helpful?