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Date : Jun 04, 2024
RBI to conduct Second 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on June 04, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on June 04, 2024, Tuesday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 50,000 3 1:30 PM to 2:00 PM June 07, 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: 2024-2025/435


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