STUPIDPRO.Opening your desk…

RBI Schedules ₹50,000 Crore Overnight VRRR Auction on Nov 4

The Reserve Bank of India plans a ₹50,000 crore Variable Rate Reverse Repo auction to manage liquidity conditions.

The Reserve Bank of India announced that it will conduct a Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on November 4, 2026, for an amount of ₹50,000 crore. The auction will be held between 9:30 AM and 10:00 AM with a one-day tenor, maturing on November 5, 2026. Operational guidelines remain consistent with the RBI’s 2020 framework. This move reflects RBI’s ongoing liquidity management efforts amid evolving economic conditions.

Original source

Source records

Reserve Bank of India