MIL-OSI Economics: RBI to conduct 7-day Variable Rate Repo (VRR) auction under LAF on March 15, 2024

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Source: Reserve Bank of India

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on March 15, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 75,000 7 02:00 PM to 02:30 PM March 22, 2024
(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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2023-2024/2057

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