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RBI to conduct Overnight Variable Rate Reverse Repo auctions under LAF on September 27, 2017
September, 27th 2017

The Reserve Bank of India will conduct the following Overnight Variable Rate Reverse Repo auction on September 27, 2017, Wednesday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.

Sl. No. Notified Amount 
( billion)
Tenor (day) Window Timing Date of Reversal
1 100 1 12.00 pm to 12.30 pm September 28, 2017 (Thursday)

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 : 2017-2018/844

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