India, Aug. 7 -- The Reserve Bank of India (RBI) has announced that it will conduct an Overnight Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Thursday, August 7, 2025, in view of the current and evolving liquidity conditions.
As per the RBI's notification, the auction will offer a notified amount of ?50,000 crore for a one-day tenor. The auction window will be open from 9:30 AM to 10:00 AM, with the date of reversal set for Friday, August 8, 2025.
The operational guidelines for the auction will remain consistent with those outlined in the RBI's press release dated February 13, 2020 (2019-2020/1947).
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