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Current affairs — 29 September 2026

1 prelims-relevant story, each distilled into quick facts — with a 1-question quiz at the end.

Indian Economyliquidity-adjustment-facility

RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 29, 2026

After reviewing current and evolving liquidity conditions, the RBI announced a one-day Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility for September 29, 2026, with a notified amount of ₹2,00,000 crore.

Source published PrelimsAI reviewed/published
Read the original report from Reserve Bank of India — Press Releases (opens in a new tab)

Prelims pointers

  • The RBI decided on the VRRR auction after reviewing current and evolving liquidity conditions.
  • The Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility is scheduled for September 29, 2026.
  • The notified auction amount is ₹2,00,000 crore and the stated tenor is one day.
  • The bidding window is 09:30 AM to 10:00 AM, and the reversal date is September 30, 2026.
  • Operational guidelines in RBI Press Release 2019-2020/1947 dated February 13, 2020, remain unchanged for this auction.

Today's quiz

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Question 1 of 1

Which detail in the RBI release denotes the bidding window for the overnight VRRR auction?

Answer key

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  1. Q1

    Which detail in the RBI release denotes the bidding window for the overnight VRRR auction?

    (A) 09:30 AM to 10:00 AM

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