Skip to main content
RBI to Conduct Overnight Variable Rate Repo Auction
Back to Court News
Reserve Bank of Indiabanking

RBI to Conduct Overnight Variable Rate Repo Auction

June 21, 2026

The RBI is set to conduct a Variable Rate Repo auction for ₹1,25,000 Crore on June 22, 2026, impacting liquidity in the market.

RBI to Conduct Overnight Variable Rate Repo Auction

The Reserve Bank of India has scheduled a Variable Rate Repo (VRR) auction on June 22, 2026, to manage liquidity in the banking system. The notified amount for this auction is ₹1,25,000 Crore, with a tenure of 1 day.

This move is part of the RBI's ongoing strategy to facilitate smooth liquidity conditions. Through VRR auctions, the central bank allows financial institutions to borrow funds through the repo mechanism, helping them manage their short-term liquidity needs.

Practitioners in banking and finance should remain vigilant regarding the outcomes of this auction, as it could influence interest rates and overall market liquidity. Understanding the RBI's auction mechanics will be vital for advising clients accurately.

Citations

  • Variable Rate Repo Auction (2026) RBI Press Release
Practice Areas:banking

Related Articles

View All →
RBI Expands Credit Derivatives Market with New InstrumentsFeatured
Reserve Bank of Indiacorporatebanking

RBI Expands Credit Derivatives Market with New Instruments

The RBI's recent directives expand the credit derivatives market by introducing new instruments, enhancing the range of hedging tools available to market participants.

Jun 28, 2026Read more →
RBI Introduces Comprehensive Credit Derivatives DirectionsFeatured
Reserve Bank of Indiacorporatebanking

RBI Introduces Comprehensive Credit Derivatives Directions

The RBI has introduced new Credit Derivatives Directions to enhance the regulatory framework for credit derivatives, replacing the previous set of guidelines.

Jun 28, 2026Read more →
Calcutta HC Mandates Liquidation Deadline for 32 Banking CompaniesFeatured
High Court of Calcuttacorporatebanking

Calcutta HC Mandates Liquidation Deadline for 32 Banking Companies

The Calcutta High Court has directed a strict six-month timeline for concluding the liquidation of 32 banking companies, noting the absence of legal barriers despite recent amendments.

Jun 28, 2026Read more →
RBI to Conduct Overnight Variable Rate Repo Auction | Gatim AI Court News | Gatim AI