MUMBAI, India, Feb. 20 -- Reserve Bank of India issued the following press release:

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 21, 2025, Friday, as under:

Sl. No. Notified Amount

(₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 45 12:00 Noon to 12:30 PM April 07, 2025

(Monday)

2. Standalone Primary Dealers will be allowed to participate in this auction, along with other eligible participants.

3. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.

(Puneet Pancholy)

Chief General Manager

Press Release: 2024-2025/2209

Disclaimer: Curated b...