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Date : Feb 15, 2024
RBI to conduct 7-day Variable Rate Repo (VRR) auction under LAF on February 16, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 16, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 75,000 7 10:30 AM to 11:00 AM February 23, 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.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/1883


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