RBI11 Aug 2026press-releasePrepared by Complied AI

Overnight Variable Rate Reverse Repo Auction

Official title

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 13, 2026

What changed

The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction occurs on August 13, 2026. The notified amount for the auction is 1,00,000 crore rupees. The tenor of the auction is one day. Participants submit bids during the window from 09:30 AM to 10:00 AM. The reversal date for the auction is August 14, 2026. The operational guidelines from the February 13, 2020 press release remain in effect for this auction.

Who is affected
  • Market participants eligible for Liquidity Adjustment Facility auctions
Required action
  • Submit bids during the window timing of 09:30 AM to 10:00 AM
Key dates
  • Auction date — 12 Aug 2026
  • Reversal date — 13 Aug 2026
Thresholds
  • Notified amount of 1,00,000 crore rupees

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Source details

Source
Reserve Bank of India
Type
press-release
Published by source
11 Aug 2026
Document number
2026-2027/879
Issuing division
Department of Communication
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

Verify official record

August 12, 2026 RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 13, 2026

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 13, 2026, as under:

Sl. No.Notified Amount (₹ crore)Tenor (day)Window TimingDate of Reversal
11,00,000109:30 AM to 10:00 AMAugust 14, 2026 (Friday)
  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: 2026-2027/879 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

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