RBI Sets Overnight Variable Rate Repo Auction to Manage Liquidity
Reserve Bank of India plans a ₹50,000 crore VRR auction on October 21, 2026, to address evolving liquidity needs.
The Reserve Bank of India announced it will conduct an Overnight Variable Rate Repo (VRR) auction on October 21, 2026, for ₹50,000 crore. The auction window is from 9:30 AM to 10:00 AM with a one-day tenor, and the amount is to be reversed the next day, October 22. This action reflects RBI's effort to manage short-term liquidity conditions in the banking system.
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