On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 17, 2024, Friday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 1,25,000 14 10:30 AM to 11:00 AM May 31, 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.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2024-2025/314