The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on June 21, 2017, Wednesday, 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 | 100 | 28 | 10.00 am to 10.30 am | July 19, 2017 (Wednesday) | 2 | 100 | 14 | 12.00 pm to 12.30 pm | July 05, 2017 (Wednesday) | 3 | 100 | 7 | 2.00 pm to 2.30 pm | June 28, 2017 (Wednesday) | 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 : 2016-2017/3427 | |