RBI to hold 4-day VRR auction on November 9, 2026
In short
The Reserve Bank of India said it will hold a 4-day Variable Rate Repo auction on Monday, November 9, 2026. It said the decision was based on near-term liquidity conditions.
What the reporting says
The Reserve Bank of India said it will conduct a 4-day Variable Rate Repo auction on Monday, November 9, 2026, after reviewing near-term liquidity conditions. The RBI said the auction will follow the operational guidelines issued in its January 20, 2022 press release. The move is aimed at managing liquidity in the banking system.
Why it matters
The Reserve Bank of India announced a 4-day Variable Rate Repo auction for November 9, 2026, after reviewing current and evolving liquidity conditions. The auction will be conducted under the RBI’s existing operational guidelines from January 20, 2022. The move is relevant to banks and money markets because VRR auctions are used to manage short-term system liquidity.