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  Priority Sector Lending - Lending by banks to NBFCs for On-Lending

RBI to conduct Overnight and 8 day variable rate Reverse Repo Auctions under LAF Today
September, 07th 2016

The Reserve Bank of India will conduct the following variable rate reverse repo auctions today (September 07, 2016, Wednesday) as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl No. Notified Amount 
( billion)
Tenor Window Timing Date of Reversal
1 400 1 4.00 pm to 4.30 pm September 8, 2016 (Thursday)
2 400 8 4.00 pm to 4.30 pm September 15, 2016 (Thursday)

Successful offers will get accepted at their respective offered rates. Offers at or above the repo rate will be rejected.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/610

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