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RBI’s Variable Rate Reverse Repo Auction for ₹ 250 billion between 4 pm and 4.30 pm from Today

The Reserve Bank of India will conduct following variable rate reverse repo auctions today (September 22, 2016, Thursday) 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 Date of Reversal
1 150 1 September 23, 2016 (Friday)
2 100 7 September 29, 2016 (Thursday)

Successful offers will get the allotment at their respective offered rates. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/735

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