MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF - Variable Rate Repo (VRR) auctions under LAF for the end of the Financial Year ()
Date : Mar 24, 2026
Variable Rate Repo (VRR) auctions under LAF for the end of the Financial Year

On a review of current and evolving liquidity conditions, and to provide flexibility to the banking system in year-end liquidity management, it has been decided to conduct the following Variable Rate Repo (VRR) auctions:

Sl. No. Date of Auction Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1 March 27, 2026
(Friday)
75,000 6 9:30 AM to 10:00 AM April 02, 2026
(Thursday)
2 March 30, 2026
(Monday)
50,000 3 9:30 AM to 10:00 AM April 02, 2026
(Thursday)

2. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/2319


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