India, March 25 -- The Reserve Bank of India (RBI) has announced Variable Rate Repo (VRR) auctions under the Liquidity Adjustment Facility (LAF) to support banking system liquidity ahead of the financial year-end.
As per the schedule, the RBI will conduct a Rs 75,000 crore VRR auction on March 27, 2026, with a tenor of 6 days, followed by a Rs 50,000 crore auction on March 30, 2026, with a tenor of 3 days. Both auctions will be held between 9:30 AM and 10:00 AM, with liquidity set to be reversed on April 2, 2026.
The move aims to provide flexibility to banks in managing their liquidity requirements during the year-end period. The operational guidelines for these auctions will remain in line with the RBI's existing framework.
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