News Detail

February 15, 2016

RBI to conduct 10 day variable rate repo auction under LAF on February 16, 2016 For  Rs.200 billion between 9.30 a.m. and 10.00 a.m.

The Reserve Bank of India will conduct 10 day variable rate repo auction for a notified amount of Rs.200 billion on February 16, 2016, Tuesday. The auction will be conducted between 9.30 a.m. and 10.00 a.m. as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Successful bidders will get the allotment at their respective bid rates. Bids at or below the repo rate will be rejected. The reversal of the 10 day variable rate repo will take place on February 26, 2016 (Friday).

Anirudha D. Jadhav

Assistant Manager

Press Release: 2015-2016/1932