In view of transient frictional liquidity imbalances expected during February 20-23, 2024, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 20, 2024, Tuesday, 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 | February 23, 2024 (Friday) | 2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022. Ajit Prasad Director (Communications) Press Release: 2023-2024/1887 | |