Well-functioning, liquid and resilient financial markets help monetary policy transmission as well as in allocation and absorption of risks entailed in financing India’s growth.
The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on March 27, 2020, Friday, under the revised Liquidity Management Framework issued on February 6, 2020
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: 2019-2020/2126