The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on December 11, 2019, Wednesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. | Sl. No. | Notified Amount
(₹ crore) | Tenor
(day) | Window Timing | Date of Reversal | | 1 | 2,60,000 | 1 | 4:00 pm to 4:30 pm | December 12, 2019 (Thursday) | Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected. Rupambara
Director Press Release: 2019-2020/1399 | |