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Press Release


PDF document (155 kb)
Date : Mar 17, 2017
RBI to conduct Overnight, 7 day and 14 day Variable Rate Reverse Repo Auctions under LAF on March 20, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on March 20, 2017, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 400 1 9.30 am to 10.00 am March 21, 2017 (Tuesday)
2 400 7 9.30 am to 10.00 am March 27, 2017 (Monday)
3 200 14 12.00 pm to 12.30 pm April 3, 2017 (Monday)
4 400 1 4.00 pm to 4.30 pm March 21, 2017 (Tuesday)

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2490


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