MUMBAI, India, March 24 -- Reserve Bank of India issued the following press release:
On a review of current and evolving liquidity conditions, and to provide flexibility to the banking system in year-end liquidity management, it has been decided to conduct the following Variable Rate Repo (VRR) auctions:
Sl. No. Date of Auction Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 March 27, 2026
(Friday) 75,000 6 9:30 AM to 10:00 AM April 02, 2026
(Thursday) 2 March 30, 2026
(Monday) 50,000 3 9:30 AM to 10:00 AM April 02, 2026
(Thursday)
2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.
Ajit Prasad
Deputy General...