On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on February 02, 2024, Friday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 50,000 04 12:00 noon to 12:30 PM February 06, 2024
(Tuesday)
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
Director (Communications)
Press Release: 2023-2024/1788