India, May 22 -- The Reserve Bank of India has announced a 3-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) framework to manage evolving liquidity conditions in the banking system.
The auction, scheduled for Friday, May 22, 2026, will be conducted for a notified amount of ?1 lakh crore, with the bidding window open from 9:30 AM to 10:00 AM. The funds will mature on May 25, 2026.
The central bank said the operational guidelines for the auction will remain in line with the framework outlined in its January 20, 2022 press release.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....