RBI13 Aug 2026press-releasePrepared by Complied AI

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

What 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

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

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

Prepared for reading; wording retained from the source.

Verify official record

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 TimingDate of Reversal
12,00,000709:30 AM to 10:00 AMAugust 24, 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: 2026-2027/901 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

Research the source law

Find the provision behind this update.

No high-confidence provision match was found. Browse the law library, choose the affected provision and ask against the exact statutory text.

Browse source laws