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RBI to conduct Overnight, 7 day and 14 day Variable rate Reverse Repo auctions under LAF on April 10, 2017 - Revised

With reference to the Press Release dated April 10, 2017 on the captioned subject, it has been decided to revise the notified amounts of the Variable rate Reverse Repo auctions as under:

Sl. No. Notified Amount
(₹ billion)
Tenor (day) Window Timing Date of Reversal
1 400 14 12.00 pm to 12.30 pm April 24, 2017 (Monday)
2 250 7 12.00 pm to 12.30 pm April 17, 2017 (Monday)
3 450 1 2.00 pm to 2.30 pm April 11, 2017 (Tuesday)

2. There is no change in the other terms and conditions.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2718

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