Conduct of 7-day Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/901 · 13 Aug 2026
Official title
RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 17, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India conducts a 7-day Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction occurs on August 17, 2026. The notified amount for the auction is 2,00,000 crore rupees. Eligible participants submit bids during the window from 09:30 AM to 10:00 AM. The reversal date for the auction is August 24, 2026. The Reserve Bank of India applies the operational guidelines from the press release dated February 13, 2020, to this auction.
- Who is affected
- Market participants eligible for Liquidity Adjustment Facility auctions
- Required action
- Submit bids during the specified window timing
- Key dates
- Date of auction — 16 Aug 2026
- Date of reversal — 23 Aug 2026
- Thresholds
- Notified amount for the auction
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 13 Aug 2026
- Document number
- 2026-2027/901
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 14, 2026
RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on August 17, 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 17, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 2,00,000 | 7 | 09:30 AM to 10:00 AM | August 24, 2026 (Monday) |
- 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: 2026-2027/901 Deputy General Manager (Communications)
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह 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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