RBI to conduct 28-day Variable Rate Repo Auction under LAF on September 17, 2018

The Reserve Bank of India will conduct the following Variable rate Repo Auction on September 17, 2018, Monday, 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 1 300 28 10.00 am to 10.30 am October 15, 2018 (Monday) Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. Anirudha D. Jadhav Assistant Manager Press Release : 2018-2019/627

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