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FINANCIAL MARKETS

Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.

Press Release


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Date : May 13, 2024
RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on May 13, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 13, 2024, Monday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor (day) Window Timing Date of Reversal
1 25,000 4 11:30 AM to 12:00 Noon May 17, 2024
(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.

(Puneet Pancholy)  
Chief General Manager

Press Release: 2024-2025/292


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