Conduct of Second Overnight Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/1122 · 16 Sept 2026
Official title
RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 16, 2026
RBI press-release 2026-2027/1122 · 16 Sept 2026
Official title
RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 16, 2026
Summary
Check the official recordThe Reserve Bank of India conducts a second overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility. The auction occurs on September 16, 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 11:00 AM to 11:30 AM. The reversal date for the auction is September 17, 2026. The operational guidelines from the February 13, 2020 press release remain in effect for this auction.
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Key dates
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September 16, 2026
RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 16, 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 Wednesday, September 16, 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 | September 17, 2026 (Thursday) |
Ajit Prasad
Press Release: 2026-2027/1122 Deputy General Manager
(Communications)
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