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

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.

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