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Policy● Neutral for Indian equities
RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 29, 2026
The brief
- RBI will conduct an overnight VRRR auction under LAF on September 29, 2026
- The liquidity operation may affect short-term funding conditions for Indian banks
- RBI may shift govt borrowing towards shorter tenures in H2
- FD interest rate rules to change from October 1: Key changes explained
- Bank deposits, credit shrink in fortnight to September 15
- Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on September 25, 2026
- Banks to deploy excess liquidity over next few months: RBI DG