MUMBAI, India, Aug. 27 -- Reserve Bank of India issued the following press release:
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, August 28, 2026, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 3,00,000 3 09:30 AM to 10:00 AM August 31, 2026
(Monday)
2. The operational guidelines for the auction as given in the Reserve Bank's Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.
Ajit Prasad Deputy General Manager (Communications)
Press Release: 2026-2027/977
Disclaimer: Curated by HT Syndication....