RBI Press Release

RBI to conduct 2-day Variable Rate Reverse Repo (VRRR) auction under LAF on November 12, 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 November 12, 2024, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 1,00,000 2 10:00 AM to 10:30 AM November 14, 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          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1477