RBI Schedules ₹50,000 Crore Overnight VRRR Auction for Nov 3
The Reserve Bank of India will conduct an overnight Reverse Repo auction to manage liquidity conditions.
On November 3, 2026, the Reserve Bank of India will hold a Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility at a notified amount of ₹50,000 crore. The auction will occur between 10:45 AM and 11:15 AM, with a tenor of one day and reversal on November 4, 2026. This move aims to address current liquidity in the banking system per operational guidelines established in 2020.
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