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Date : May 08, 2024
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on May 08, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 08, 2024, Wednesday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor (day) Window Timing Date of Reversal
1 25,000 1 12:30 PM to 1:00 PM May 09, 2024
(Thursday)

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: 2024-2025/262


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