The Reserve Bank of India will conduct following variable rate reverse repo auctions today (September 23, 2016, Friday) between 4.00 pm to 4.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl No. | Notified Amount (₹ Billion) | Tenor (day) | Date of Reversal | 1. | 250 | 3 | September 26, 2016 (Monday) | 2. | 150 | 7 | September 30, 2016 (Friday) | Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected. Ajit Prasad Assistant Adviser Press Release : 2016-2017/746 | |