India, Aug. 6 -- The Reserve Bank of India (RBI) has announced it will conduct a 2-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Wednesday, August 6, 2025, in response to the current and evolving liquidity conditions in the banking system.
According to the central bank, the auction will be held for a notified amount of Rs 1,00,000 crore with a tenor of 2 days. The bidding window will be open from 11:15 AM to 11:45 AM, and the date of reversal is set for Friday, August 8, 2025.
The operational guidelines for the auction will remain consistent with those outlined in the RBI's press release no. 2019-2020/1947 dated February 13, 2020.
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