The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of ₹75,000 crore on January 24, 2022.
The date of reversal is on January 25, 2022, the central bank said in a release.
On January 20, the RBI had conducted an overnight variable rate repo (VRR) auction of ₹50,000 crore.
The central bank had said it will continue to rebalance liquidity conditions in a non-disruptive manner while maintaining adequate liquidity to meet the needs of the productive sectors of the economy.