MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF - RBI to conduct 5-day Variable Rate Repo (VRR) auction under LAF on March 21, 2025 ()
Date : Mar 20, 2025
RBI to conduct 5-day Variable Rate Repo (VRR) auction under LAF on March 21, 2025

On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a 5-day Variable Rate Repo (VRR) auction on March 21, 2025. It has been decided not to conduct the 14-day main operation for the ensuing fortnight.

The details of the 5-day VRR operation are as under:

Sl. No. Notified Amount
(₹ crore)
Tenor (day) Window Timing Date of Reversal
1 50,000 5 11:00 AM to 11:30 AM March 26, 2025
(Wednesday)

2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2024-2025/2423


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