On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on July 05, 2023, Wednesday, as under: | Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal | | 1 | 1,00,000 | 02 | 12:15 PM to 12:45 PM | July 07, 2023 (Friday) | 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. Ajit Prasad Director (Communications) Press Release: 2023-2024/536 | |