RBI to conduct Overnight and 7-day variable Rate Reverse Repo Auctions under LAF on December 4, 2018

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on December 4, 2018, Tuesday, 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. 400 1 12.00 pm to 12.30 pm December 5, 2018 (Wednesday) 2. 400 7 3.30 pm to 4.00 pm December 11, 2018 (Tuesday) 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 : 2018-2019/1277

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