RBI to conduct Second 3-day Variable Rate Repo (VRR) auction under LAF on July 17, 2026
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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
On a review of current and evolving liquidity conditions, it has been decided to conduct a Second Variable Rate Repo (VRR) auction on Friday, July 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:45 AM to 11:15 AM July 20, 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 &nbs
Key Facts
TypeRelease
SourceReserve Bank of India
PublishedFriday, 17 July 2026
Affected Population1.4 billion consumers, 300 million without reliable power
Key Numbers
500 GW non-fossil fuel capacity target by 2030
Saubhagya: 100% household electrification
175 GW renewable energy installed (2025)
Rs 15,000 crore for Digital India initiatives
Key Authorities
Ministry of PowerMinistry of New & Renewable EnergyCEAMinistry of Electronics & ITTRAI
Key Stakeholders
Power ConsumersDISCOMsCoal IndustryInternet UsersTech CompaniesStartups
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Amendment History
1 change recorded for this policy.
DescriptionFriday, 17 July 2026via rbi
On a review of current and evolving liquidity conditions, it has been decided to conduct a Second Variable Rate Repo (VRR) auction on Friday, July 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 3 10:45 AM to 11:15 AM July 20, 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 &nbs
On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, July 20, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor(day) Window Timing Date of Reversal 1 1,25,000 7 09:30 AM to 10:00 AM July 27, 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 &nbs
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