RBI announces 10-day VRRR auction for October 9, 2026
In short
The Reserve Bank of India said it will hold a 10-day Variable Rate Reverse Repo auction on Friday, October 9, 2026. It said the move followed a review of current and changing liquidity conditions, and the rules will stay the same as before.
This matters because it is a tool the RBI uses to manage money in the banking system. The auction result and amount are not stated in the available reporting.
What the reporting says
The Reserve Bank of India said it would conduct a 10-day Variable Rate Reverse Repo auction on Friday, October 09, 2026. The official release says the decision followed a review of current and evolving liquidity conditions and that the operational guidelines would remain the same as in the February 13, 2020 press release. The immediate consequence is a liquidity operation, but the auction result and amount are not stated in the available reporting.
Why it matters
The Reserve Bank of India announced a 10-day Variable Rate Reverse Repo auction for Friday, October 09, 2026 after reviewing current and evolving liquidity conditions. It said the operational guidelines would remain the same as in the February 13, 2020 press release. The available reporting does not include the auction result, bids or amount absorbed.