On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 08, 2024, Wednesday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor (day) Window Timing Date of Reversal 1 25,000 1 12:30 PM to 1:00 PM May 09, 2024
(Thursday)

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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2024-2025/262