India, Oct. 8 -- The Reserve Bank of India (RBI) will conduct a 29-day Variable Rate Reverse Repo (VRRR) auction for Rs 2 lakh crore under the Liquidity Adjustment Facility (LAF) on Thursday, October 8, 2026.
The auction will be conducted between 9:30 AM and 10:00 AM, with the amount scheduled for reversal on November 6, 2026.
The move comes after a review of current and evolving liquidity conditions. Banks and other eligible participants will also have the option of seeking premature reversal, subject to RBI guidelines.
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