The auction will offer a notified amount of ₹50,000 crore, with the tenor set at 56 days. The bidding window will be open from 3:30 PM to 4:00 PM on February 7, 2025. The funds will be reversed on April 4, 2025, marking the maturity of the operation.
The Reserve Bank of India (RBI) conducted a one-day Variable Rate Repo (VRR) auction on January 28, 2025, to address
The Reserve Bank of India (RBI) conducted its daily Variable Rate Repo (VRR) auction on Monday, garnering significant interest from
This move follows the announcement made on January 15, 2025, as per the Press Release 2024-2025/1933.
The RBI has notified an auction amount of ₹50,000 crore with a tenor of 1 day. The auction window will open from 11:30 AM to 12:00 Noon on January 23, and the reversal of the transaction will take place on January 24, 2025, Friday.