RBI schedules 50,000 crore VRRR auction on October 15 to manage overnight liquidity

This auction aims to absorb excess liquidity and signals RBI's active approach to liquidity management.

The Reserve Bank of India will conduct an Overnight Variable Rate Reverse Repo auction on October 15, 2026, offering ₹50,000 crore with a 1-day tenor. The auction window will be from 9:30 AM to 10:00 AM. Funds absorbed will be reversed on October 16, 2026, continuing RBI's regulated liquidity management efforts. Operational guidelines follow the framework established in 2020.