India, May 20 -- Reserve Bank of India has announced that it will conduct a 5-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Wednesday, May 20, 2026, after reviewing current and evolving liquidity conditions.

The notified auction amount stands at Rs 1,50,000 crore with a tenor of five days. The auction window will remain open from 9:30 AM to 10:00 AM on May 20, while the reversal date has been scheduled for May 25, 2026.

The central bank said the operational guidelines for the auction will remain the same as those outlined in its press release dated January 20, 2022.

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