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Reserve Bank of India Schedules a Seven-Day Repo Auction Under the LAF for Oct. 19

The Oct. 19 notice identifies the operation as a variable rate repo (VRR) auction.

Updated 1 min read
The Reserve Bank of India headquarters stands along a busy street in Mumbai. / EconoTimes.ai (mono)
The Reserve Bank of India headquarters stands along a busy street in Mumbai. / EconoTimes.ai (mono)

Seven days is the stated term for the variable rate repo (VRR) auction the Reserve Bank of India (RBI) has scheduled under the LAF for Monday, Oct. 19.

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