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RBI to hold 4-day VRR auction under LAF on January 19

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Dion Global

16 Jan 2026

Reserve Bank of India (RBI) on Friday announced that it will conduct a 4-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Monday, January 19, 2026, after reviewing prevailing and evolving liquidity conditions.

Under the auction, RBI will offer a notified amount of Rs 1,00,000 crore with a tenor of four days. The bidding window will remain open from 9:30 am to 10:00 am, and the date of reversal has been set for January 23, 2026 (Friday).

The central bank said the operational guidelines for the auction will remain the same as those outlined in its press release dated January 20, 2022.