{
  "id": 6105874,
  "title": "RBI to conduct Overnight Variable Rate Reverse Repo (VRRR) auction under LAF on September 07, 2026",
  "url": "https://urgent.news/2026/09/07/rbi-to-conduct-overnight-variable-rate-reverse-repo-vrrr-auction",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-07T06:16:25.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63531"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo (VRRR) auction on September 7, 2026, according to the Reserve Bank of India. The auction will have a notified amount of ₹5,00,000 crore and a tenor of one day. The window for the auction will be open from 11:00 AM to 11:30 AM, with the date of reversal set for September 8, 2026.\n\nThe operational guidelines for the auction will be the same as those outlined in a press release dated February 13, 2020.\n\nTakuji Aida, an economic adviser to the Japanese Prime Minister, has made comments on the Bank of Japan's potential interest rate hikes. According to Straits Times Business, Aida forecasts a rate hike in September 2026 and another increase by January 2027.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Bank of Japan",
        "title": "Monetary Base and the Bank of Japan's Transactions (Aug.)",
        "url": "https://urgent.news/2026/09/06/monetary-base-and-the-bank-of-japans-transactions-aug",
        "published": "2026-09-06T23:50:00.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Japan PM Takaichi’s reflationist aide projects Bank of Japan rate hike in September",
        "url": "https://urgent.news/2026/09/07/japan-pm-takaichis-reflationist-aide-projects-bank-of-japan-rate-hike",
        "published": "2026-09-07T04:35:00.000Z"
      },
      {
        "outlet": "Reserve Bank of India",
        "title": "Result of the 30-day Variable Rate Reverse Repo (VRRR) auction held on September 07, 2026",
        "url": "https://urgent.news/2026/09/07/result-of-the-30-day-variable-rate-reverse-repo-vrrr-auction-held-on",
        "published": "2026-09-07T06:16:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}