# RBI to absorb Rs 2 lakh crore via two VRRR auctions

2026-08-10T16:29:45+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Reserve Bank of India will conduct two Variable Rate Reverse Repo (VRRR) auctions next week to absorb surplus liquidity from the banking system. On August 11, 2026, a 3-day VRRR auction for a notified amount of Rs 1,25,000 crore will be held, with reversal on August 14. The next day, August 12, an overnight VRRR auction for Rs 75,000 crore will take place, reversing on August 13. Both auctions follow the operational guidelines issued in February 2020. The RBI stated the decisions came after a review of current and evolving liquidity conditions.

## Coverage

- rbi.org.in <https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63333>
- rbi.org.in <https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63344>

Tags: LAF, liquidity management, monetary policy, RBI, reverse repo
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