The Reserve Bank of India (RBI) will conduct a 4-day Variable Rate Repo (VRR) auction of ₹50,000 crore on November 09, 2026, to manage short-term liquidity conditions.
RBI to Conduct 4-Day Variable Rate Repo Auction
The Reserve Bank of India (RBI) has announced a 4-day Variable Rate Repo (VRR) auction of ₹50,000 crore, scheduled for Monday, November 09, 2026. This decision follows a review of prevailing and evolving liquidity conditions in the financial system.
The auction will be conducted under the Liquidity Adjustment Facility (LAF), with the reversal of the repo dated November 13, 2026. The tenor and amount reflect the central bank’s calibrated approach to managing short-term liquidity without disrupting market stability.
Such repos play a critical role in monetary transmission by addressing temporary cash shortages in the banking system. Market participants should monitor the cut-off rate, which will indicate the cost of short-term borrowing and potential trends in monetary policy stance.
