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RBI19 Aug 2026press-releasePrepared by Complied AI

Conduct of Second Overnight Variable Rate Reverse Repo Auction

RBI press-release 2026-2027/929 · 19 Aug 2026

Official title

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

Official record

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Summary

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What changed

The Reserve Bank of India conducts a second 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 50,000 crore rupees. The tenor of the auction is one day. The window timing for the auction is 11:00 AM to 11:30 AM. The reversal date 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
Key dates
  • Auction date — 19 Aug 2026
  • Reversal date — 20 Aug 2026
Thresholds
  • Notified amount of 50,000 crore rupees

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Source details

Source
Reserve Bank of India
Type
press-release
Published by source
19 Aug 2026
Document number
2026-2027/929
Issuing division
Department of Communication
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

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August 20, 2026

RBI to conduct Second 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 Second 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 | 50,000 | 1 | 11:00 AM to 11:30 AM | August 21, 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
Deputy General Manager
(Communications)

Press Release: 2026-2027/929

ᮧेस ᮧकाशनी PRESS RELEASE

भारतीय įरज़वर् 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, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह 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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