(346 kb)

Date : Dec 06, 2024

RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on December 09, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on December 09, 2024, Monday, as under:

Sl. No.

Notified Amount
(Rs. crore)

Tenor
(day)

Window Timing

Date of Reversal

1

50,000

1

10:00 AM to 10:30 AM

December 10, 2024
(Tuesday)

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           
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1655