With a view to address any additional demand for liquidity and to provide flexibility to the banking system in its liquidity management towards the year end, the Reserve Bank of India has decided to conduct the following fine-tuning variable rate Repo auctions: | Sl. No. | Date of Auction | Notified Amount
(₹ crores) | Tenor
(days) | Window Timing | Date of Reversal | | 1 | March 30, 2020 | 25,000 | 8 | 11:00 am to 11:30 am | April 7, 2020 | | 2 | March 31, 2020 | 25,000 | 3 | 11:00 am to 11:30 am | April 3, 2020 | 2. As a special case, Standalone Primary Dealers will be allowed to participate in these auctions along with other eligible participants. 3. All other terms and conditions as applicable to Term Repo auctions will remain the same. Ajit Prasad
Director Press Release: 2019-2020/2030 | |