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RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 03, 2026

On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Thursday, September 03, 2026, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	1,50,000	1	12:00 Noon to 12:30 PM	September 04, 2026 (Friday)

2. 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: 2026-2027/1028

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