India, Jan. 8 -- 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 Thursday, January 8, 2026, following a review of prevailing and evolving liquidity conditions.

The VRR auction will be held for a notified amount of Rs 1.25 lakh crore with a tenor of one day. The bidding window will remain open from 9:30 am to 10:00 am, and the date of reversal is scheduled for January 9, 2026 (Friday).

The central bank said the operational guidelines for the auction will remain the same as those outlined in its Press Release dated January 20, 2022.

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