On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on September 06, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 50,000 14 10:30 AM to 11:00 AM September 20, 2024
(Friday)

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: 2024-2025/1045