The Reserve Bank monitors the system liquidity on an ongoing basis and conducts liquidity management operations based on an assessment of the evolving liquidity conditions and the requirements of the system. Based on an assessment of the current and evolving liquidity conditions, RBI has decided to conduct two Variable Rate Reverse Repo auctions as under: | Sl. No. | Auction Date | Notified Amount
(₹ crores) | Tenor
(days) | Window Timing | Date of Reversal | | 1. | November 14, 2019 (Thursday) | 25,000 | 21 | 12.00 pm to 12.30 pm | December 5, 2019 (Thursday) | | 2. | November 18, 2019 (Monday) | 25,000 | 21 | 12.00 pm to 12.30 pm | December 9, 2019 (Monday) | The auctions will be conducted as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Ajit Prasad
Director Press Release : 2019-2020/1172 | |