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RBI to conduct ₹2 lakh crore VRR auction on June 23 for liquidity management

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The Reserve Bank of India announced on June 22, 2026, that it will conduct a seven‑day Variable Rate Repo (VRR) auction of ₹2 lakh crore on June 23 as part of its liquidity‑management operations. This follows a review of current and evolving liquidity conditions in the banking system. RBI said the auction will be carried out under the Liquidity Adjustment Facility (LAF) and will comply with the operational guidelines issued in January 2022.

Published on June 22, 2026

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