RBI Press Release

RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on January 23, 2025

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on January 23, 2025, Thursday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 50,000 1 11:30 AM to 12:00 Noon January 24, 2025
(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: 2024-2025/1980