MIL-OSI Banking: RBI to conduct Overnight Variable Rate Reverse Repo auction under LAF on June 13, 2019

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Source: Reserve Bank of India

Headline: RBI to conduct Overnight Variable Rate Reverse Repo auction under LAF on June 13, 2019

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auction on June 13, 2019, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 500 1 01.30 pm to 2.00 pm June 14, 2019 (Friday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/2929

MIL OSI Global Banks

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