The Reserve Bank of India (RBI) will conduct a three-day variable rate repo (VRR) auction of Rs 1 lakh crore.

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India

Who

Reserve Bank of India (RBI)

What

The Reserve Bank of India (RBI) will conduct a three-day variable rate repo (VRR) auction of Rs 1 lakh crore.

When

Fri, 19 Jun 2026 04:00:00 GMT · 7h 16m ago

Where

India ·

Why

The auction is being conducted to manage system liquidity, following a narrowing liquidity surplus in the banking system due to advance tax payments.

The Frontline Impact

How this affects you

This action aims to ease liquidity pressures and maintain stability in overnight money market rates within the Indian banking system.

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