RBI - Reserve Bank of India

04/25/2024 | Press release | Distributed by Public on 04/24/2024 23:48

RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on April 25, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on April 25, 2024, Thursday, as under:

Sl. No. Notified Amount
(₹ crore) 		Tenor
(day) 		Window Timing Date of Reversal
1 50,000 4 11:30 AM to 12:00 Noon April 29, 2024
(Monday)

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: 2024-2025/176