The Reserve Bank of India will conduct the following variable rate reverse repo auctions today (August 26, 2016, Friday) between 4.00 pm and 4.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.
Sl No. |
Notified Amount (₹ billion) |
Tenor |
Date of Reversal |
1. |
150 |
3 |
August 29, 2016 (Monday) |
2. |
150 |
12 |
September 07, 2016 (Wednesday) |
Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected.
Ajit Prasad Assistant Adviser
Press Release : 2016-2017/502
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