Overnight Variable Rate Repo Auction
RBI press-release 2026-2027/625 · 07 Jul 2026
Official title
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on July 08, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India conducts an overnight Variable Rate Repo auction under the Liquidity Adjustment Facility. The auction occurs on July 08, 2026. The notified amount for the auction is 25,000 crore rupees. The tenor of the auction is one day. Eligible participants submit bids during the window timing of 09:30 AM to 10:00 AM. The reversal date for the auction is July 09, 2026. The operational guidelines follow the Reserve Bank press release dated January 20, 2022.
What you must do
- Submit bids during the window timing of 09:30 AM to 10:00 AM
Key dates
- Auction date
- 08 Jul 2026
- Reversal date
- 09 Jul 2026
Who is affected
Document text
July 07, 2026
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on July 08, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, July 08, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 25,000 | 1 | 09:30 AM to 10:00 AM | July 09, 2026 (Thursday) |
- The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.
Ajit Prasad Press Release: 2026-2027/625 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
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 07 Jul 2026
- Document number
- 2026-2027/625
- Issuing division
- Department of Communication
- Coverage area
- banking