On a review of current and evolving liquidity conditions, it has been decided to conduct a third Variable Rate Repo (VRR) auction on March 22, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 50,000 4 2:15 PM to 2:45 PM March 26, 2024

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: 2023-2024/2099