India, Sept. 22 -- The Reserve Bank of India (RBI) has announced that it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Monday, September 22, 2025.
The notified amount for the auction is Rs 1,00,000 crore, with a tenor of one day. The auction will be held between 9:30 AM and 10:00 AM, with the reversal scheduled for September 23, 2025.
The operational guidelines for the auction will follow the framework outlined in the RBI's press release 2021-2022/1572 dated January 20, 2022.
Published by HT Digital Content Services with permission from Dion Global Solutions Limited....