MUMBAI, India, June 24 -- 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, June 27, 2025, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 1,00,000 7 10:00 AM to 10:30 AM July 04, 2025
(Friday)
2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, June 27, 2025, for the ensuing fortnight.
3. 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.
(Puneet Pancholy)
...