On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on October 18, 2024, Friday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 1,25,000 3 12:00 Noon to 12:30 PM October 21, 2024
(Monday)
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.
(Puneet Pancholy)
Chief General Manager
Press Release: 2024-2025/1331