On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on October 06, 2023, Friday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 50,000 14 02:30 PM to 03:00 PM October 20, 2023
(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.
Ajit Prasad
Director (Communications)
Press Release: 2023-2024/1049
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