Conduct of 15-day Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/989 · 28 Aug 2026
Official title
RBI to conduct 15-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 31, 2026
RBI press-release 2026-2027/989 · 28 Aug 2026
Official title
RBI to conduct 15-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 31, 2026
Summary
Check the official recordThe Reserve Bank of India conducts a 15-day Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction takes place on August 31, 2026. The notified amount for the auction is 6,00,000 crore rupees. Eligible participants submit bids during the window from 09:30 AM to 10:00 AM. The reversal date for the auction is September 15, 2026. The Reserve Bank of India applies the operational guidelines from the press release dated February 13, 2020.
Key dates
Who is affected
August 28, 2026
RBI to conduct 15-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 31, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, August 31, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 6,00,000 | 15 | 09:30 AM to 10:00 AM | September 15, 2026 (Tuesday) |
Ajit Prasad
Press Release: 2026-2027/989 Deputy General Manager
(Communications)
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