On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo auction on August 11, 2023, Friday, as under:

2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad            
Director (Communications)

Press Release: 2023-2024/729