RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 27, 2026Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Second Amendment Directions, 2026Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Third Amendment Directions, 2026Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Third Amendment Directions, 2026Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Third Amendment Directions, 2026RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 27, 2026Reserve Bank of India (Rural Co-operative Banks – Interest Rate on Deposits) Second Amendment Directions, 2026Reserve Bank of India (Regional Rural Banks – Interest Rate on Deposits) Third Amendment Directions, 2026Reserve Bank of India (Urban Co-operative Banks – Interest Rate on Deposits) Third Amendment Directions, 2026Reserve Bank of India (Local Area Banks – Interest Rate on Deposits) Third Amendment Directions, 2026

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RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on August 27, 2026

Nyaya Editorial25 August 20261 min readOfficial source verifiedUpdated 25 Aug

> Verified official-feed update: This page records metadata supplied by Reserve Bank of India. It does not add legal conclusions or reproduce the underlying document.

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Thursday, August 27, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 1 9:30 AM to 10:00 AM August 28, 2026 (Friday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. Ajit Prasad Deputy General Manager (Communications) Press Release: 2026-2027/967

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Source: Reserve Bank of India

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