RBI will conduct an overnight Variable Rate Repo auction on May 21, 2026 under the Liquidity Adjustment Facility.
The auction size is ₹1,25,000 crore for a one‑day tenor, with bidding window from 9:30 am to 10:00 am.
The repo will be reversed on May 22, 2026, providing short‑term liquidity to the market.