Markets

Market

News Details

(22/10/2026 20:02)

RBI to conduct 3-day VRR auction worth Rs 50,000 crore on October 23

The Reserve Bank of India (RBI) will conduct a three-day Variable Rate Repo (VRR) auction worth Rs 50,000 crore on October 23, 2026, to manage short-term liquidity conditions in the banking system.

According to the RBI, the auction will be conducted under the Liquidity Adjustment Facility (LAF), with the bidding window open from 9:30 AM to 10:00 AM. The funds will be reversed on October 26, 2026.

The central bank said the decision was taken after reviewing current and evolving near-term liquidity conditions. The operational guidelines for the auction will remain in line with the RBI's existing instructions issued on January 20, 2022.

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.