RBI to conduct 3-day reverse repo auction for Rs 2,10,000 cr today

India, Nov. 15 -- The Reserve Bank of India will conduct 3-day Variable Rate Reverse Repo auction today for Rs 2,10,000 crore.

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auction on November 15, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014, RBi said in a notification.

The window timing for the repo auction is 4:00 pm to 4:30 pm. Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected.

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