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(28/08/2026 09:22)

RBI to conduct Rs 3 lakh crore 3-day VRRR auction on August 28

The Reserve Bank of India (RBI) will conduct a three-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Friday, August 28, 2026, to manage prevailing and evolving liquidity conditions.

The central bank has notified an auction amount of ?3 lakh crore, with the auction window scheduled from 9:30 AM to 10:00 AM. The funds will be reversed on August 31, 2026 (Monday).

The RBI said the existing operational guidelines for VRRR auctions will remain unchanged.
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