| RBI enhances auction amount for Repo auction of March 26, 2020 to ₹ 50,000 crores|
The Reserve Bank had, vide its press release 2110/2019-2020, advanced the variable rate term repo auction of ₹ 25,000 crores from March 30, 2020 to March 26, 2020.
In a partial modification to the above press release, it has been decided to enhance the amount of the auction scheduled for March 26, 2020, i.e., today to ₹ 50,000 crores from ₹ 25,000 crores.
All other details regarding the auction would remain the same.
There is no change in the auction scheduled for March 31, 2020.
Press Release : 2019-2020/2119