Overnight Variable Rate Repo Auction
RBI press-release 2026-2027/504 · 19 Jun 2026
Official title
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on June 22, 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 June 22, 2026. The notified amount for the auction is 1,25,000 crore rupees. The tenor of the repo is one day. Eligible participants submit bids during the window from 9:30 AM to 10:00 AM. The reversal of the auction occurs on June 23, 2026. The operational guidelines follow the instructions from the Reserve Bank press release dated January 20, 2022.
What you must do
- Submit bids during the auction window
Key dates
- Auction date
- 22 Jun 2026
- Date of reversal
- 23 Jun 2026
Who is affected
Document text
June 19, 2026
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on June 22, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, June 22, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 1,25,000 | 1 | 9:30 AM to 10:00 AM | June 23, 2026 (Tuesday) |
- 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: 2026-2027/504 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
- 19 Jun 2026
- Document number
- 2026-2027/504
- Issuing division
- Department of Communication
- Coverage area
- banking