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RBI to conduct 4-day Variable Rate Reverse Repo Auction under LAF on September 29, 2017

The Reserve Bank of India will conduct the following 4-day Variable Rate Reverse Repo Auction on September 29, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day/s)
Window Timing Date of Reversal
1 100 4 12.00 pm to 12.30 pm October 3, 2017 (Tuesday)

Successful offers will get accepted at their respective offered rates.

Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/876

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