RBI announces ₹2.5 lakh crore overnight VRRR auction for Oct 6

The RBI will conduct a 1-day Variable Rate Reverse Repo auction of ₹2.5 lakh crore on October 6, 2026, to absorb surplus liquidity. This is a routine liquidity management operation, indicating the central bank's intent to keep rates anchored amid current conditions. The move signals a neutral-to-tight liquidity stance, with no change in policy rates.