On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on August 26, 2024, Monday, as under: Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal | 1 | 50,000 | 4 | 11:30 AM to 12:00 Noon | August 30, 2024 (Friday) | 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. (Puneet Pancholy) Chief General Manager Press Release: 2024-2025/972 |
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