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Press releaseRBIThursday, 3 September 2026

RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on September 04, 2026

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Official press release — a government communication announcing decisions, milestones, or initiatives. Signals intent and often precedes formal notification or legislative action.

Summary

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, September 04, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 7,00,000 3 09:30 AM to 10:00 AM September 07, 2026 (Monday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same. Ajit Prasad

Key Facts

TypePress release
SourceReserve Bank of India
PublishedThursday, 3 September 2026
Affected Population1.4 billion citizens, 63 million MSMEs

Key Numbers

GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries

Key Authorities

Ministry of FinanceRBISEBIDEAMinistry of Social Justice & Empowerment

Key Stakeholders

TaxpayersBanks & NBFCsInvestorsBPL FamiliesSenior CitizensPersons with Disabilities

Government Context

NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight

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