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Finance & Markets

RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on September 01, 2026

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 01, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 6,00,000 7 09:30 AM to 10:00 AM September 08, 2026 (Tuesday) 2. The operational guidelines for the auction as given in the Reserve Bank’s Press…

We haven't written up this one. Reserve Bank of India has the full story — the link below goes straight to it.

Read the original at rbi.org.in →

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Ibom Air denies monopoly over Uyo airport, says it lacks authority

Ibom Air has denied exercising a monopoly over Victor Attah International Airport in Uyo, saying it has no authority to prevent other airlines from operating from the airport.

  • Ibom Air denies monopoly over Uyo airport, stating it lacks authority.
  • Nigeria Civil Aviation Authority (NCAA) regulates civil aviation in Nigeria.
  • More airlines in Uyo route could improve travel options and connectivity.

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