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RBI to conduct 15-day Variable Rate Reverse Repo auction under LAF on May 04, 2023

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction on May 04, 2023, Thursday, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 50,000 15 10:30 AM to 11:00 AM May 19, 2023
(Friday)

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.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2023-2024/174

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