India, Nov. 3 -- The Reserve Bank of India (RBI) has announced that it will conduct an overnight Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Tuesday, November 3, 2026, to manage prevailing and evolving liquidity conditions.
The central bank has notified an auction amount of Rs. 50,000 crore, with a tenor of one day. The auction window will remain open from 10:45 AM to 11:15 AM on November 3.
The reversal of the auction will take place on November 4, 2026. The RBI said the existing operational guidelines for the auction, as outlined in its February 13, 2020 press release, will remain unchanged.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....