1. The Reserve Bank of India will conduct a 14 day variable rate Reverse Repo auction today (January 18, 2017, Wednesday) as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/1910