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News · RBI · 12 Aug 2026

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 13, 2026

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The Reserve Bank of India will conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 13, 2026, with a notified amount of ₹1,00,000 crore and a tenor of one day. The bidding window is scheduled from 09:30 AM to 10:00 AM, with the date of reversal set for August 14, 2026. The operational guidelines for this auction remain unchanged from those specified in Press Release 2019-2020/1947 dated February 13, 2020.

IndiaReserve Bank of India

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( 157 kb ) Date : Aug 12, 2026 RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 13, 2026 On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 13, 2026, as under:

Sl. No.

Notified Amount (₹ crore)

Tenor (day)

Window Timing

Date of Reversal

1

1,00,000

1

09:30 AM to 10:00 AM

August 14, 2026 (Friday)

  1. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad Deputy General Manager (Communications)

Press Release: 2026-2027/879

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