RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 19, 2026
RBI press-release 2026-2027/920 · 17 Aug 2026
The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction occurs on August 19, 2026. The notified amount for the auction is 1,50,000 crore rupees. The tenor of the auction is one day. The window for the auction opens at 09:30 AM and closes at 10:00 AM. The reversal date for the auction is August 20, 2026. The operational guidelines from the February 13, 2020 press release apply to this auction.
Summary
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The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction occurs on August 19, 2026. The notified amount for the auction is 1,50,000 crore rupees. The tenor of the auction is one day. The window for the auction opens at 09:30 AM and closes at 10:00 AM. The reversal date for the auction is August 20, 2026. The operational guidelines from the February 13, 2020 press release apply to this auction.
- Who is affected
- Market participants eligible for the Liquidity Adjustment Facility
- Required action
- Submit bids during the auction window from 09:30 AM to 10:00 AM on August 19, 2026
- Key dates
- Auction date — 18 Aug 2026
- Reversal date — 19 Aug 2026
- Thresholds
- Notified amount of 1,50,000 crore rupees
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 17 Aug 2026
- Document number
- 2026-2027/920
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 18, 2026
RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 19, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Wednesday, August 19, 2026, as under:
| Sl. No. | Notified Amount (₹ crore) | Tenor (day) | Window Timing | Date of Reversal |
|---|---|---|---|---|
| 1 | 1,50,000 | 1 | 09:30 AM to 10:00 AM | August 20, 2026 (Thursday) |
- 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: 2026-2027/920 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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