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RBI04 Aug 2026press-releasePrepared by Complied AI

RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 06, 2026

The Reserve Bank of India has announced a 4-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) to be held on August 06, 2026. The auction is for a notified amount of ₹1,50,000 crore, with a bidding window open from 09:30 AM to 10:00 AM. The reversal of the auction is scheduled for August 10, 2026. This decision was made following a review of current and evolving liquidity conditions. Operational guidelines for the auction will follow the procedures established in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020.

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What changed

The Reserve Bank of India has announced a 4-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) to be held on August 06, 2026. The auction is for a notified amount of ₹1,50,000 crore, with a bidding window open from 09:30 AM to 10:00 AM. The reversal of the auction is scheduled for August 10, 2026. This decision was made following a review of current and evolving liquidity conditions. Operational guidelines for the auction will follow the procedures established in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020.

Who is affected
  • Entities eligible to participate in the Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility.
Required action
  • Submit bids during the specified window timing of 09:30 AM to 10:00 AM on August 06, 2026.
Key dates
  • Date of auction — 05 Aug 2026
  • Date of reversal — 09 Aug 2026
Thresholds
  • The notified amount for the VRRR auction is ₹1,50,000 crore.

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Source details

Source
Reserve Bank of India
Type
press-release
Published by source
04 Aug 2026
Document number
2026-2027/817
Issuing division
Department of Communication
Coverage area
banking

Document text

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August 05, 2026 RBI to conduct 4-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 06, 2026

On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 06, 2026, as under:

Sl. No.Notified Amount (₹ crore)Tenor (day)Window TimingDate of Reversal
11,50,000409:30 AM to 10:00 AMAugust 10, 2026 (Monday)
  1. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad Press Release: 2026-2027/817 Deputy General Manager (Communications)

प्रेस प्रकाशनी PRESS RELEASE

भारतीय ᳯरज़वर् बᱹक

RESERVE BANK OF INDIA

वेबसाइट : www.rbi.org.in/hindi संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

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