On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 14, 2024, Wednesday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 25,000 2 10:30 AM to 11:00 AM February 16, 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            
Director (Communications)

Press Release: 2023-2024/1873