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RBI to conduct Overnight Variable Rate Repo auction under LAF on December 28, 2017

The Reserve Bank of India will conduct the following Variable Rate Repo auction on December 28, 2017, Thursday, 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 1 4.15 pm - 4.45 pm December 29, 2017 (Friday)

Successful bidders will get the allotment at their respective bid rates.

Bids at or below the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1761

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