RBI Press Release

RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on December 09, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on December 09, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 50,000 1 10:00 AM to 10:30 AM December 10, 2024
(Tuesday)

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.

Ajit Prasad           
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1655