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RBI To Stop 28-Day Variable Rate Repo, Will Continue With 14-Day Auctions
30 Sep 2022, 11:36 AM IST 
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The RBI has been conducting 28-day VRRR auctions for 500 billion rupees since November 2021.
The Reserve Bank of India will stop conducting 28-day variable rate reverse repo (VRRR) auctions, considering the current banking system liquidity conditions, but will continue with 14-day VRRR auctions, the central bank chief said on Friday.
