Press Releases

(155 kb)
Date : Apr 21, 2017
RBI to conduct Overnight, 8 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on April 24, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on April 24, 2017, Monday, 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
1 100 28 12.00 pm to 12.30 pm May 22, 2017 (Monday)
2 200 14 12.00 pm to 12.30 pm May 08, 2017 (Monday)
3 200 8 12.00 pm to 12.30 pm May 2, 2017 (Tuesday)
4 100 1 2.00 pm to 2.30 pm April 25, 2017 (Tuesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2862


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