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RBI to conduct Overnight Variable rate Repo auction under LAF on April 24, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auction on April 24, 2018, Tuesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
(₹ billion)
Tenor
(day)
Window Timing Date of Reversal
1 300 1 10.00 am to 10.30 am April 25, 2018 (Wednesday)

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

3. Bids at or below the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release: 2017-2018/2810

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