(374 kb)

Date : Oct 30, 2024

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on October 30, 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 October 30, 2024, Wednesday, as under:

Sl. No.

Notified Amount
(Rs. crore)

Tenor
(day)

Window Timing

Date of Reversal

1

75,000

1

11:00 AM to 11:30 AM

October 31, 2024
(Thursday)

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: 2024-2025/1398