The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on February 17, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Sl. No. | Notified Amount (₹ billion) | Tenor (day) | Window Timing | Date of Reversal | 1 | 400 | 6 | 10.00 am to 10.30 am | February 23, 2017 (Thursday) | 2 | 400 | 14 | 10.00 am to 10.30 am | March 3, 2017 (Friday) | 3 | 400 | 28 | 12.00 pm to 12.30 pm | March 17, 2017 (Friday) | 4 | 500 | 3 | 12.00 pm to 12.30 pm | February 20, 2017 (Monday) | 5 | 700 | 3 | 3.45 pm to 4.15 pm | February 20, 2017 (Monday) | 2. Successful offers will get accepted at their respective offered rates. 3. Offers at or above the repo rate will be rejected. Ajit Prasad Assistant Adviser Press Release: 2016-2017/2217 | |