RBI to conduct 7-day Variable rate Repo auction under LAF on December 27, 2018

The Reserve Bank of India will conduct the following Variable rate Repo auction on December 27, 2018, Thursday, 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 1 200 7 12.00 pm to 12.30 pm January 03, 2019 (Thursday) Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. Ajit Prasad Assistant Adviser Press Release : 2018-2019/1471

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