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RBI to inject ₹1.25 lakh crore via 7-day VRR on July 20

Source: Reserve Bank of India · Press Release prid 63186 · issued 20 Jul 2026 · ~1 min read

RBI will conduct a 7-day Variable Rate Repo auction for ₹1.25 lakh crore on July 20, 2026, to manage liquidity. Banks can bid between 9:30-10:00 AM, with reversal on July 27. This injects short-term funds into the system.

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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63186 — summary by BankPulse (bankpulse.ai).
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