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RBI Press Release

Result of the 2-day Variable Rate Reverse Repo (VRRR) auction held on July 24, 2024

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Tenor 2-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 3,860 Amount accepted (in ₹ crore) 3,860 Cut off Rate (%) 6.49 Weighted Average Rate (%) 6.49 Partial Acceptance Percentage of offers received at cut off rate NA

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/757

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Extension of validity of Directions under Section 35A read with section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies) – Indian Mercantile Co-operative Bank Ltd., Lucknow (U.P.)
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