India, Jan. 2 -- The Reserve Bank of India (RBI) on a review of prevailing and evolving liquidity conditions has decided to conduct a five-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Friday, January 2, 2026.
The auction will be held for a notified amount of Rs 1,00,000 crore, with a tenor of five days. The bidding window will remain open from 9:30 AM to 10:00 AM, and the reversal date is scheduled for January 7, 2026 (Wednesday).
The RBI said that the operational guidelines for the auction will remain unchanged, as outlined in its earlier press release dated January 20, 2022.
The VRR auction is aimed at managing liquidity conditions in the banking system in line with the central bank's monetary p...