RBI to conduct Second Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 29, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct a second Variable Rate Reverse Repo (VRRR) auction on Tuesday, September 29, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 11:30 AM to 12:00 Noon September 30, 2026 (Wednesday) 2. The operational guidelines for the auction as given in the Reserve…
The Reserve Bank of India held an overnight Variable Rate Reverse Repo (VRRR) auction on September 29, 2026. The notified amount was ₹2,00,000 crore, with total offers received and accepted amounting to ₹1,19,048 crore. The cut-off and weighted average rates were both 5.24%.
The Reserve Bank of Australia is set to announce its policy decision on Tuesday. According to FXStreet, a rate hike of 25 basis points is expected, taking the Official Cash Rate to 4.60% from 4.35%. This comes as Australia's inflation remains elevated, with July's monthly Consumer Price Index jumping 1.0% and annual inflation at 3.5%.
The Australian economy grew 0.4% in Q2, with annual GDP growth at 2.1%, but is showing signs of losing momentum. The Reserve Bank of Australia also highlighted risks from higher energy prices, the Middle East conflict, strong investment, and persistent domestic cost pressures.
Brief written by urgent.news from Reserve Bank of India, FXStreet — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
