RBI to conduct 5-day Variable Rate Repo auction under LAF for Rs 75000 crore

by Alexandra Hartman Editor-in-Chief March 26, 2023

written by Alexandra Hartman Editor-in-Chief March 26, 2023

On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided to conduct a fine-tuning 5-day Variable Rate Repo (VRR) auction worth Rs 75000 crore for the fortnight beginning March 24, 2023 instead of the main operation of a 14-day variable rate Repo/ Reverse Repo auction.

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First Published: Mar 24 2023 | 1:31 PM IS

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

RBI to conduct 5-day Variable Rate Repo auction under LAF for Rs 75000 crore

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