Reserve Bank of India to hold reverse repo auction
Published March 12th, 2008
The Reserve Bank of India said on Wednesday it will hold additional repo and reverse repo auctions on March 14 and and an extra repo auction on March 17 in view of corporate tax payments and holidays.
The central bank will hold three-day repo and reverse repo auctions between 4:00 p.m. and 4:30 p.m. on March 14. It will conduct a seven-day repo auction between 4:00 p.m. and 4:30 p.m. on March 17, it said in a release.
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