RBI conducts 29 day Variable Rate Reverse Repo Auction worth Rs. 50,000 crore today under LAF at 10:30 AM to 11:00 AM and later announced the results as follows
Notified Amount 50,000 Crore
Total Amount of Offers Received 30,884 Crore
Amount Accepted 30,884 Crore
Cut off Rate 4.89 Percentage
Weighted Average Rate 4.89 Percentage
