Policy Rates and Liquidity
The Reserve Bank of India (RBI) has announced that it will conduct a Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Wednesday, 17 June 2026. The auction will offer a notified amount of ₹50,000 crore for a tenor of two days. The bidding window is scheduled from 9:30 AM to 10:00 AM on the auction day. The repo transaction will be reversed on Friday, 19 June 2026.
Regulatory and Policy Measures
The operational guidelines for this VRR auction will be identical to those specified in RBI Press Release 2021‑2022/1572 dated 20 January 2022. No additional procedural changes have been indicated.
Communication Details
The announcement is issued in Press Release 2026‑2027/469 and is signed by Deputy General Manager Ajit Prasad, representing the Communications division of the RBI.
The RBI’s conduct of this VRR auction reflects its ongoing liquidity management actions under the LAF framework.