The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on May 16, 2017, Tuesday, 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 | 100 | 28 | 10.00 am to 10.30 am | June 13, 2017 (Tuesday) | | 2 | 100 | 14 | 12.00 pm to 12.30 pm | May 30, 2017 (Tuesday) | | 3 | 150 | 7 | 2.00 pm to 2.30 pm | May 23, 2017 (Tuesday) | 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 : 2016-2017/3071 | |