RBI18 Aug 2026press-releasePrepared by Complied AI

Overnight Variable Rate Reverse Repo Auction

RBI press-release 2026-2027/926 · 18 Aug 2026

Official title

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 20, 2026

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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 20, 2026. The notified amount for the auction is 1,00,000 crore rupees. The tenor of the auction is one day. Eligible participants submit bids during the window from 09:30 AM to 10:00 AM. The reversal date for the auction is August 21, 2026. The operational guidelines from the February 13, 2020 press release remain in effect for this auction.

Who is affected: Market participants eligible for the Liquidity Adjustment Facility
Required action: Submit bids during the window timing of 09:30 AM to 10:00 AM
Key dates: Auction date — 19 Aug 2026
Reversal date — 20 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: 18 Aug 2026
Document number: 2026-2027/926
Issuing division: Department of Communication
Coverage area: banking

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August 19, 2026

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 20, 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 20, 2026, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,00,000	1	09:30 AM to 10:00 AM	August 21, 2026 (Friday)

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
Deputy General Manager
(Communications)

Press Release: 2026-2027/926

प्रेस प्रकाशनी PRESS RELEASE

भारतीय ǐरज़वर् बैंक
RESERVE BANK OF INDIA

वेबसाइट : www.rbi.org.in/hindi
Website : www.rbi.org.in
ई-मेल/email : helpdoc@rbi.org.in

संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह मागर्, फोटर्, मुंबई - 400 001
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

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