RBI to Conduct Overnight Variable Rate Reverse Repo Auction under LAF on November 5, 2026
Court / Authority
Reserve Bank of India
Update / Judgement Date
04 Nov 2026
Case No.
Reference No. 2026-2027/1441
Source
WCP News Bulletin
Author
Soumya Gupta — WCP Legal Desk
Reading Time
1 min read
View Count
2
● The central bank routinely employs Liquidity Adjustment Facility (LAF) operations to manage system liquidity and absorb surplus funds from the banking system.
What Has Changed
Provision Earlier Position New Position Effective From
Variable Rate Reverse Repo (VRRR) auction Standard liquidity management operations VRRR auction notified for Rs 75,000 crore on November 05, 2026 05 November 2026
Who Is Affected
● Scheduled commercial banks and eligible financial institutions participating in liquidity management operations.
Compliance Action Points
1. Eligible entities must submit bids through the designated window between 09:30 AM and 10:00 AM on November 05, 2026.
2. Adhere to the operational parameters established in the February 13, 2020 guidelines.
Analysis & Impact
● For Businesses & Investors: Helps absorb excess systemic liquidity, supporting short-term interest rate stability.
● Points to Watch: Subsequent liquidity adjustments and upcoming RBI auction results.
Full Judgement / Attachment
Full Judgement
Frequently asked questions about Reserve Bank of India
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