The RBI will conduct a Variable Rate Repo (VRR) auction on June 22, 2026, with a notified amount of ₹1,25,000 crore for one day.
Overnight VRR Auction Scheduled by RBI
The Reserve Bank of India has announced an Overnight Variable Rate Repo (VRR) auction scheduled for June 22, 2026. The total notified amount for this auction is ₹1,25,000 crore, aimed at addressing current liquidity needs in the banking system.
The auction will take place between 9:30 AM to 10:00 AM, and the reversal of these transactions will occur on June 23, 2026. This measure reflects the RBI's proactive approach to managing liquidity to ensure smooth financial market operations.
The implications for financial institutions and practitioners are significant, as these VRR auctions play a critical role in influencing short-term interest rates and liquidity in the banking sector.
Citations
- Reserve Bank of India Press Release (2026) RBI
