{
 "name": "India RBI Liquidity Adjustment Facility (LAF) - Corridor, Net Liquidity & VRR/VRRR Tools",
 "unit": "percent per annum (corridor) and Rs lakh crore (net liquidity)",
 "corridor": {
  "sdf_floor_pct": 5.0,
  "policy_repo_pct": 5.25,
  "msf_ceiling_pct": 5.5,
  "width_bps": 50
 },
 "net_system_liquidity_lakh_crore_approx": 1.5,
 "net_direction": "surplus",
 "instruments": [
  {
   "name": "LAF repo / VRR (Variable Rate Repo)",
   "direction": "Injects",
   "description": "RBI lends to banks against G-secs; main tool when the system is in deficit."
  },
  {
   "name": "Reverse repo / SDF (Standing Deposit Facility)",
   "direction": "Absorbs",
   "description": "Banks park surplus cash with the RBI; SDF is the uncollateralised floor of the corridor."
  },
  {
   "name": "VRRR (Variable Rate Reverse Repo)",
   "direction": "Absorbs",
   "description": "Auction-based mop-up of surplus liquidity, used when the system is flush."
  },
  {
   "name": "MSF (Marginal Standing Facility)",
   "direction": "Injects",
   "description": "Overnight backstop at the corridor ceiling for banks short of funds."
  }
 ],
 "dashboard": "https://bankpulse.ai/dashboards/laf-liquidity/",
 "source": "RBI money-market operations / LAF & WSS, rbi.org.in",
 "reviewed_by": "Vikram Jain",
 "license": "https://creativecommons.org/licenses/by/4.0/",
 "updated": "2026-06-19T01:17:12+05:30",
 "dateModified": "2026-06-19T01:17:12+05:30",
 "note": "Approximate recent values, rounded. Surplus => RBI net-absorbs via reverse repo/SDF/VRRR; deficit => RBI net-injects via repo/VRR/MSF. See RBI for exact latest figures."
}