MUMBAI, India, Sept. 4 -- Reserve Bank of India issued the following press release:
On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Monday, September 07, 2026, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 7,00,000 30 9:30 AM to 10:00 AM October 07, 2026
(Wednesday)
2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2019-2020/1947 dated February 13, 2020.
3. Participants will have an option for premature reversal of the amount lent in the above auction, and the operational guidelines for the same are as given below:
*
Requests for premature re...