India, Oct. 9 -- The Reserve Bank of India (RBI) will conduct a second three-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Friday, October 9, 2026, to manage evolving liquidity conditions in the banking system.
The auction will have a notified amount of Rs. 1,50,000 crore, with the bidding window scheduled from 11:00 AM to 11:30 AM. The reversal of the auction is scheduled for October 12, 2026.
The RBI said the existing operational guidelines for the auction, outlined in its press release dated February 13, 2020, will remain unchanged.
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