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RBI to hold ₹1L-cr VRR auction today

Financial Express Chandigarh

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May 22, 2026

THE RESERVE BANK of India (RBI) on Thursday said it will conduct a three-day variable rate repo (VRR) auction for a notified amount of ₹1 lakh crore on May 22.

The auction will take place between 9:30AM and 10AM, and the reversal of these funds will take place on May 25, the RBI said in a release.

“On a review of current and evolving liquidity conditions, it has been decided to conduct a VRR auction on Friday, May 22, 2026,” it said.

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