On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 14, 2024, Tuesday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 11:45 AM to 12:15 PM May 17, 2024
(Friday)
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.
(Puneet Pancholy)
Chief General Manager
Press Release: 2024-2025/298