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Date : May 16, 2024
RBI to conduct 14-day Variable Rate Repo (VRR) auction under LAF on May 17, 2024

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on May 17, 2024, Friday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 1,25,000 14 10:30 AM to 11:00 AM May 31, 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.

Ajit Prasad        
Deputy General Manager
(Communications)   

Press Release: 2024-2025/314


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