On a review of the current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on August 14, 2024, Wednesday, as under: | Sl. No. | Notified Amount
(₹ crore) | Tenor
(day) | Window Timing | Date of Reversal | | 1 | 50,000 | 2 | 1:00 PM to 1:30 PM | August 16, 2024
(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. (Puneet Pancholy)
Chief General Manager Press Release: 2024-2025/900 | |