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RBI to conduct 14-day Variable Rate Reverse Repo auction under LAF on August 11, 2023

August 11, 2023

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On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on August 11, 2023, Friday, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,00,000	14	10:30 AM to 11:00 AM	August 25, 2023 (Friday)

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
Director (Communications)

Press Release: 2023-2024/729

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Ravindra Soni https://businessfortnight.com

Senior journalist with 38 years of experience in print and digital media. Former Executive Editor. Founder and Editor of BusinessFortnight, covering business, economy, and policy news from Madhya Pradesh and across India.

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