MUMBAI, India, Aug. 31 -- 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 second Variable Rate Reverse Repo (VRRR) auction on Monday, August 31, 2026, as under:
Sl. No. Notified Amount
(₹ crore) Tenor
(day) Window Timing Date of Reversal 1 4,00,000 1 11:00 AM to 11:30 AM September 01, 2026
(Tuesday)
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: 2026-2027/994
Disclaimer: Curated by HT Syndication....