RBI to conduct 3 day, 7 day, 14 day and 28 day Variable Rate Reverse Repo Auctions under LAF on April 21, 2017

The Reserve Bank of India will conduct the following Variable Rate Reverse Repo Auctions on April 21, 2017, Friday, as per the revised guidelines on Term Repo Auctions issued on February 13, 2014.
Sl. No. Notified Amount
(₹ billion) Tenor
(day) Window Timing Date of Reversal
1 100 28 10.00 am to 10.30 am May 19, 2017 (Friday)
2 150 14 12.00 pm to 12.30 pm May 05, 2017 (Friday)
3 250 7 12.00 pm to 12.30 pm April 28, 2017 (Friday)
4 100 3 2.00 pm to 2.30 pm April 24, 2017 (Monday)
2. Successful offers will get accepted at their respective offered rates.
3. Offers at or above the repo rate will be rejected.

Source:
Ajit Prasad