On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a 5-day Variable Rate Repo (VRR) auction on March 21, 2025. It has been decided not to conduct the 14-day main operation for the ensuing fortnight. The details of the 5-day VRR operation are as under:
Sl. No. | Notified Amount (Rs. crore) | Tenor (day) | Window Timing | Date of Reversal |
1 | 50,000 | 5 | 11:00 AM to 11:30 AM | March 26, 2025 (Wednesday) |
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: 2024-2025/2423 |