RBI to conduct 7-day Variable rate Repo Auction under LAF on February 22, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auction on February 22, 2018, Thursday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount
([Rs.] billion)
Tenor (day) Window Timing Date of Reversal
1 200 7 11.00 am to 11.30 am March 01, 2018 (Thursday)

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

Bids at or below the repo rate will be rejected.

Ashish Daryani
Assistant Manager

Source : RBI