11Dec

RBI to conduct Overnight Variable Rate Reverse Repo auctions under LAF on December 12, 2019

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo auctions on December 12, 2019, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 2,85,000 1 4:00 pm to 4:30 pm December 13, 2019 (Friday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Rupambara
Director   

Press Release: 2019-2020/1408

from PRESS RELEASES FROM RBI https://ift.tt/2PaDuoT

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