The Reserve Bank of India (RBI) on June 22, 2026, announced that it will conduct a 7-day Variable Rate Repo (VRR) auction amounting to ₹2 lakh crore on June 23, as part of its liquidity management operations. The move follows a review of prevailing and evolving liquidity conditions in the banking system. RBI said the auction will be conducted under the Liquidity Adjustment Facility (LAF) and will adhere to the operational guidelines issued earlier in January 2022.
Published on June 22, 2026
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