India, Oct. 19 -- The Reserve Bank of India (RBI) has announced a 7-day Variable Rate Repo (VRR) auction worth Rs 1 lakh crore under the Liquidity Adjustment Facility (LAF) on October 19, 2026, to address prevailing and evolving short-term liquidity conditions.

The auction window will remain open from 9:30 AM to 10:00 AM, with the reversal scheduled for October 26, 2026.

The central bank stated that 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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