Press Releases

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Date : Dec 07, 2017
RBI to conduct 7-day and 14-day Variable Rate Reverse Repo Auctions under LAF on December 08, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on December 08, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 14 12.00 pm to 12.30 pm December 22, 2017 (Friday)
2 100 7 2.30 pm to 3.00 pm December 15, 2017 (Friday)

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 : 2017-2018/1562


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