Overnight Variable Rate Repo Auction
RBI press-release 2026-2027/680 · 15 Jul 2026
Official title
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on July 16, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India conducts an overnight Variable Rate Repo auction under the Liquidity Adjustment Facility on July 16, 2026. The auction has a notified amount of 75,000 crore rupees and a tenor of one day. Eligible participants submit bids during the window timing of 09:30 AM to 10:00 AM. The reversal of the auction occurs on July 17, 2026. The auction follows the operational guidelines from 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
- Date of auction
- 16 Jul 2026
- Date of reversal
- 17 Jul 2026
Who is affected
Document text
July 15, 2026
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on July 16, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Thursday, July 16, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 75,000 | 1 | 09:30 AM to 10:00 AM | July 17, 2026 (Friday) |
- 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: 2026-2027/680 Deputy General Manager (Communications)
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ǐरज़वर् बैंक
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
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 15 Jul 2026
- Document number
- 2026-2027/680
- Issuing division
- Department of Communication
- Coverage area
- banking