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RBI’s Variable Rate Reverse Repo Auction for ₹ 1300 billion between 4.00 pm and 4.30 pm Today

The Reserve Bank of India will conduct following variable rate reverse repo auctions today (October 03, 2016, Monday) between 4.00 pm to 4.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl No. Notified Amount
(₹ Billion)
Tenor (day) Date of Reversal
1 600 1 October 04, 2016 (Tuesday)
2 700 4 October 07, 2016 (Friday)

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: 2016-2017/834

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