On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 27, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 75,000 4 11:45 AM to 12:15 PM 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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/375