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Press Release


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Date : Jul 18, 2024
RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 19, 2024

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 19, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 50,000 3 10:30 AM to 11:00 AM July 22, 2024
(Monday)

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.

Ajit Prasad           
Deputy General Manager
(Communications)    

Press Release: 2024-2025/723


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