RBI to conduct Variable rate Reverse Repo auctions on June 12, 2017

The Reserve Bank of India will conduct the following Variable rate Reverse Repo auctions on June 12, 2017, Monday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.


Sl. No. Notified Amount
(Rs. billion)
Tenor (day) Window Timing Date of Reversal
1 100 28 10.00 am to 10.30 am July 10, 2017 (Monday)
2 150 11 12.00 pm to 12.30 pm June 23, 2017 (Friday)
3 100 7 2.00 pm to 2.30 pm June 19, 2017 (Monday)


2. Successful offers will get accepted at their respective offered rates.

3. Offers at or above the repo rate will be rejected.

Ajit Prasad
Assistant Adviser

Press Release: 2016-2017/3338

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Leave a Reply

Your email address will not be published. Required fields are marked *

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates