MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release:
On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct a 49-day Variable Rate Repo (VRR) auction on February 14, 2025, Friday, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 75,000 49 11:00 AM to 11:30 AM April 04, 2025
(Friday)
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.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2024-202...