MUMBAI, India, Aug. 28 -- Reserve Bank of India issued the following press release:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, August 29, 2025, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 1,50,000 6 9:30 AM to 10:00 AM September 04, 2025
(Thursday)
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
Deputy General Manager
(Communications)
Press Release: 2025-2026/991
Disclaimer: Curated by HT Syndication....