RBI Prepares ₹50,000 Crore VRRR Auction to Manage Liquidity on October 14

Reserve Bank of India to conduct a one-day Variable Rate Reverse Repo auction to adjust overnight liquidity.

The Reserve Bank of India will conduct a Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on October 14, 2026, offering ₹50,000 crore for a one-day period. The auction window is from 9:30 AM to 10:00 AM, with funds reversing the next day on October 15. This operation aims to absorb surplus liquidity from the banking system, helping stabilize overnight interest rates and maintain monetary policy effectiveness. Operational guidelines remain as per the 2020 RBI press release.