RBI to Conduct ₹1 Lakh Crore 2-Day VRRR Auction
The Reserve Bank of India (RBI) has announced a two-day Variable Rate Reverse Repo (VRRR) auction to manage current and evolving liquidity conditions in the market. This auction will involve a substantial sum of ₹1 lakh crore.
VRRR Auction Details
The auction is scheduled for Wednesday, July 9, 2025, with the following key details:
Amount (₹ crore) | Tenor (days) | Window Timing | Reversal Date |
---|---|---|---|
1,00,000 | 2 | 10:00 AM to 10:30 AM | July 11, 2025 (Friday) |
Operational Guidelines
The RBI will adhere to the operational guidelines outlined in its Press Release 2019-2020/1947 dated February 13, 2020.