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 - RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on July 10, 2026 ()
Date : Jul 09, 2026
RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on July 10, 2026

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, July 10, 2026, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor (day) Window Timing Date of Reversal
1 50,000 3 09:30 AM to 10:00 AM July 13, 2026
(Monday)

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: 2026-2027/638

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