Business Standard

RBI To Conduct Variable Rate Reverse Repo Auction For Rs 200000 Crores

Image

Capital Market
The Reserve Bank Of India (RBI) has stated that on a review of evolving liquidity and financial conditions, it has been decided to restore normal liquidity management operations in a phased manner. Accordingly, the Reserve Bank will conduct Variable Rate Reverse Repo auction for a notified amount of Rs 200000 crores on January 15, 2021 under the revised Liquidity Management Framework issued on February 06, 2020.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 11 2021 | 1:00 PM IST

Explore News