RBI10 Aug 2026press-releasePrepared by Complied AI

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF

Official title

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 11, 2026

Official record

AI-prepared change brief

What changed

The Reserve Bank of India has announced a second Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) to be held on August 11, 2026. The auction features a notified amount of ₹1,00,000 crore with a one-day tenor. Market participants are required to submit bids within the specified window of 11:00 AM to 11:30 AM on the auction date. The reversal of the auction is scheduled for August 12, 2026. The auction will be governed by the operational guidelines previously issued in the Reserve Bank’s press release dated February 13, 2020.

Who is affected: Market participants eligible for Liquidity Adjustment Facility auctions.
Required action: Submit bids during the specified window timing of 11:00 AM to 11:30 AM.
Key dates: Auction date — 10 Aug 2026
Date of reversal — 11 Aug 2026
Thresholds: The notified amount for the auction is ₹1,00,000 crore.

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Source details

Source: Reserve Bank of India
Type: press-release
Published by source: 10 Aug 2026
Document number: 2026-2027/858
Issuing division: Department of Communication
Coverage area: banking

Document text

Prepared for reading; wording retained from the source.

Verify official record

August 11, 2026

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 11, 2026

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Tuesday, August 11, 2026, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,00,000	1	11:00 AM to 11:30 AM	August 12, 2026 (Wednesday)

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: 2026-2027/858 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

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