(198 kb)

Date : Jan 23, 2025

RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on January 23, 2025

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Repo (VRR) auction on January 23, 2025, Thursday, as under:

Sl. No.

Notified Amount
(Rs. crore)

Tenor
(day)

Window Timing

Date of Reversal

1

50,000

1

11:30 AM to 12:00 Noon

January 24, 2025
(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          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/1980