On a review of the current and evolving liquidity conditions, it has been decided to conduct a Second Variable Rate Reverse Repo (VRRR) auction on April 02, 2024, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 2:30 PM to 3:00 PM April 05, 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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2024-2025/13