On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on February 28, 2024, Wednesday, as under: | Sl. No. | Notified Amount
(₹ crore) | Tenor
(day) | Window Timing | Date of Reversal | | 1 | 50,000 | 1 | 11:00 AM to 11:30 AM | February 29, 2024
(Thursday) | 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. (Yogesh Dayal)
Chief General Manager Press Release: 2023-2024/1950 | |