Reserve Bank announces a four-day variable rate repo auction of Rs 1,50,000 crore
25 October 2026
The Reserve Bank of India has announced a four-day Variable Rate Repo auction under the Liquidity Adjustment Facility.
The notified amount is Rs 1,50,000 crore and the auction will be held on Monday, October 26, 2026.
The auction window will be open from 9:30 AM to 10:00 AM and the reversal date is Friday, October 30, 2026.
The Reserve Bank said the decision follows a review of current and evolving liquidity conditions in the near term.
Operational guidelines are the same as those issued in the Bank's press release of January 20, 2022.
In plain words
LAF Liquidity Adjustment Facility — The window through which the Reserve Bank lends to or absorbs money from banks for short periods.
Variable Rate Repo Variable Rate Repo — A repo auction in which banks bid for funds and the rate is decided by the bidding.