On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 06, 2024, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 10:00 AM to 10:30 AM February 07, 2024

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: 2023-2024/1804