Archive · 20 Sep 2025
RBI to Conduct Rs 1 Lakh Crore Overnight VRR
The Reserve Bank of India (RBI) is holding a special auction to help banks.
This auction is for 1 lakh crore rupees.
The RBI is doing this because there is less money available in the banking system than usual.
The auction will happen on Monday morning and the money will be returned on Tuesday.
The RBI previously held two other VRR auctions on Friday.
RBI will conduct an overnight VRR auction.
The auction amount is Rs 1 lakh crore.
The auction will be held on Monday.
Reversal of the auction will be on Tuesday.
The reason for the auction is falling systemic liquidity.
- Who
- Reserve Bank of India (RBI)
- What
- Conducting an overnight variable rate repo (VRR) auction.
- When
- Monday
- Where
- Not specified
- Why
- Due to falling systemic liquidity.
- Auction Amount
- Rs 1 lakh crore
- Auction Type
- Overnight variable rate repo (VRR)
- Auction Time
- 9:30 a.m. to 10:00 a.m.
- Reversal Date
- Tuesday
- Reason
- Systemic liquidity fell