MUMBAI, India, April 16 -- Reserve Bank of India issued the following press release:
In view of the surplus transient liquidity conditions prevailing, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, April 17, 2026, as under:
Sl. No. Notified Amount
(₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 7 09:30 AM to 10:00 AM April 24, 2026
(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.
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/93
Disclaimer: Curated by HT Syndication....