{"id":48482,"date":"2026-03-25T21:06:33","date_gmt":"2026-03-25T15:36:33","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=48482"},"modified":"2026-03-25T21:06:35","modified_gmt":"2026-03-25T15:36:35","slug":"rbi-vrr-auction-2026","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/","title":{"rendered":"RBI VRR Auction 2026 Explained: \u20b948,014 Crore Liquidity Injection and Its Impact on Banking System"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#RBI_VRR_auction_2026_explained_with_%E2%82%B948014_crore_liquidity_injection_details_reasons_impact_on_banking_system_and_exam-relevant_key_concepts\" >RBI VRR auction 2026 explained with \u20b948,014 crore liquidity injection details, reasons, impact on banking system, and exam-relevant key concepts.<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#RBI_Injects_%E2%82%B948014_Crore_into_Banking_System_via_VRR_Auction_Explained_for_Exams\" >RBI Injects \u20b948,014 Crore into Banking System via VRR Auction: Explained for Exams<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Introduction_to_RBIs_Latest_Liquidity_Move\" >Introduction to RBI\u2019s Latest Liquidity Move<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Understanding_the_VRR_Auction_Mechanism\" >Understanding the VRR Auction Mechanism<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Reasons_Behind_Liquidity_Tightening\" >Reasons Behind Liquidity Tightening<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Details_of_the_RBIs_Intervention\" >Details of the RBI\u2019s Intervention<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Role_of_Open_Market_Operations_OMO\" >Role of Open Market Operations (OMO)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Impact_on_Financial_Markets\" >Impact on Financial Markets<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Why_This_News_is_Important\" >Why This News is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Relevance_for_Banking_and_Economy\" >Relevance for Banking and Economy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Importance_for_Competitive_Exams\" >Importance for Competitive Exams<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Impact_on_Monetary_Policy_Understanding\" >Impact on Monetary Policy Understanding<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Link_with_Current_Economic_Trends\" >Link with Current Economic Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Historical_Context\" >Historical Context<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Evolution_of_RBIs_Liquidity_Management\" >Evolution of RBI\u2019s Liquidity Management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Past_Use_of_VRR_Auctions\" >Past Use of VRR Auctions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Role_of_OMOs_in_Indian_Economy\" >Role of OMOs in Indian Economy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Recent_Trends_in_Liquidity_Management\" >Recent Trends in Liquidity Management<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Key_Takeaways_from_This_News\" >Key Takeaways from This News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#FAQs_Frequently_Asked_Questions\" >FAQs: Frequently Asked Questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#1_What_is_a_VRR_auction_conducted_by_RBI\" >1. What is a VRR auction conducted by RBI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#2_Why_did_RBI_inject_%E2%82%B948014_crore_into_the_banking_system\" >2. Why did RBI inject \u20b948,014 crore into the banking system?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#3_What_is_the_difference_between_repo_rate_and_VRR\" >3. What is the difference between repo rate and VRR?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#4_What_are_Open_Market_Operations_OMO\" >4. What are Open Market Operations (OMO)?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#5_Why_is_liquidity_important_in_the_banking_system\" >5. Why is liquidity important in the banking system?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#6_What_caused_the_recent_liquidity_crunch_in_India\" >6. What caused the recent liquidity crunch in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#7_How_does_RBI_ensure_financial_stability\" >7. How does RBI ensure financial stability?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#8_What_is_the_duration_of_the_recent_VRR_auction\" >8. What is the duration of the recent VRR auction?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#9_Why_did_banks_borrow_less_than_the_notified_amount\" >9. Why did banks borrow less than the notified amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#10_Is_this_news_important_for_competitive_exams\" >10. Is this news important for competitive exams?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/rbi-vrr-auction-2026\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_VRR_auction_2026_explained_with_%E2%82%B948014_crore_liquidity_injection_details_reasons_impact_on_banking_system_and_exam-relevant_key_concepts\"><\/span>RBI VRR auction 2026 explained with \u20b948,014 crore liquidity injection details, reasons, impact on banking system, and exam-relevant key concepts.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_Injects_%E2%82%B948014_Crore_into_Banking_System_via_VRR_Auction_Explained_for_Exams\"><\/span><strong>RBI Injects \u20b948,014 Crore into Banking System via VRR Auction: Explained for Exams<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction_to_RBIs_Latest_Liquidity_Move\"><\/span><strong>Introduction to RBI\u2019s Latest Liquidity Move<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Reserve Bank of India (RBI) recently injected \u20b948,014 crore into the banking system through a seven-day Variable Rate Repo (VRR) auction. This move comes at a time when liquidity conditions tightened due to large outflows such as advance tax payments. The central bank\u2019s intervention highlights its proactive approach in maintaining financial stability and ensuring smooth functioning of the money markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Understanding_the_VRR_Auction_Mechanism\"><\/span><strong>Understanding the VRR Auction Mechanism<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A Variable Rate Repo (VRR) auction is a tool used by the RBI to provide short-term funds to banks. In this mechanism, banks bid for funds at interest rates determined through a competitive process. Unlike fixed repo rates, the VRR allows market-driven pricing, making it flexible and efficient. In this case, the funds were injected at a weighted average rate of approximately 5.26%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Reasons_Behind_Liquidity_Tightening\"><\/span><strong>Reasons Behind Liquidity Tightening<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The primary reason for the liquidity crunch was advance tax payments made by corporates, which significantly reduced cash availability in the banking system. Liquidity levels dropped sharply from \u20b92.08 lakh crore to around \u20b975,483 crore within a day. Additionally, upcoming GST payments were expected to further strain liquidity conditions.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Details_of_the_RBIs_Intervention\"><\/span><strong>Details of the RBI\u2019s Intervention<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Although the RBI had notified a higher amount of \u20b91.50 lakh crore for the auction, banks borrowed only \u20b948,014 crore. This indicates that while liquidity was tight, the demand for funds was relatively moderate. Such calibrated interventions help avoid excessive liquidity while ensuring that banks have sufficient funds for operations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Role_of_Open_Market_Operations_OMO\"><\/span><strong>Role of Open Market Operations (OMO)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Apart from VRR auctions, the RBI has been actively using Open Market Operations (OMO) to inject durable liquidity. Since January 2026, the central bank has infused around \u20b93.5 lakh crore through the purchase of government securities. While VRR provides short-term liquidity, OMOs ensure long-term stability in the financial system.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Financial_Markets\"><\/span><strong>Impact on Financial Markets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The RBI\u2019s liquidity injection helps stabilize short-term interest rates and ensures that banks can meet their funding requirements. It also prevents volatility in financial markets and supports economic activities by maintaining adequate liquidity in the system.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\" id=\"RBI-VRR-Auction-2026\"><img decoding=\"async\" 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\" alt=\"RBI VRR Auction 2026\" style=\"width:548px;height:auto\" title=\"RBI VRR Auction 2026\"\/><figcaption class=\"wp-element-caption\">RBI VRR Auction 2026<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important\"><\/span><strong>Why This News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Relevance_for_Banking_and_Economy\"><\/span><strong>Relevance for Banking and Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The RBI\u2019s liquidity management actions are crucial for maintaining stability in the banking system. When liquidity tightens, banks may face difficulty in lending, which can slow down economic activity. By injecting funds, the RBI ensures that credit flow remains uninterrupted.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Importance_for_Competitive_Exams\"><\/span><strong>Importance for Competitive Exams<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>This news is highly relevant for aspirants preparing for exams like UPSC, SSC, Banking, and State PCS. Questions are often asked about monetary policy tools such as VRR, repo rate, and OMO. Understanding these concepts helps in both prelims and mains examinations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_on_Monetary_Policy_Understanding\"><\/span><strong>Impact on Monetary Policy Understanding<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The move reflects how the RBI uses a combination of tools to manage liquidity. It demonstrates the central bank\u2019s ability to respond quickly to temporary disruptions like tax outflows, ensuring financial stability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Link_with_Current_Economic_Trends\"><\/span><strong>Link with Current Economic Trends<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The news highlights the dynamic nature of liquidity in the banking system and the importance of timely interventions. It also shows how fiscal activities like tax payments can influence monetary conditions.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Evolution_of_RBIs_Liquidity_Management\"><\/span><strong>Evolution of RBI\u2019s Liquidity Management<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Reserve Bank of India has historically used multiple tools to manage liquidity, including repo rate, reverse repo rate, and cash reserve ratio (CRR). Over time, more flexible instruments like VRR auctions were introduced to better respond to short-term liquidity fluctuations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Past_Use_of_VRR_Auctions\"><\/span><strong>Past Use of VRR Auctions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>VRR auctions gained prominence as a tool for fine-tuning liquidity conditions without distorting market rates. They allow the RBI to inject funds in a targeted and temporary manner, making them ideal during periods of transient liquidity stress.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Role_of_OMOs_in_Indian_Economy\"><\/span><strong>Role of OMOs in Indian Economy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Open Market Operations have been a key instrument for long-term liquidity management. By buying and selling government securities, the RBI adjusts the money supply in the economy and maintains balance in financial markets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Recent_Trends_in_Liquidity_Management\"><\/span><strong>Recent Trends in Liquidity Management<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In recent years, especially post-pandemic, the RBI has actively used both short-term and long-term tools to ensure liquidity. The \u20b93.5 lakh crore infusion through OMOs in 2026 reflects this continued commitment to stability.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_This_News\"><\/span><strong>Key Takeaways from This News<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>S. No.<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>RBI injected \u20b948,014 crore via a 7-day VRR auction<\/td><\/tr><tr><td>2<\/td><td>Liquidity tightened due to advance tax and GST outflows<\/td><\/tr><tr><td>3<\/td><td>VRR auctions provide short-term liquidity at market-driven rates<\/td><\/tr><tr><td>4<\/td><td>Banks borrowed less than the notified \u20b91.50 lakh crore<\/td><\/tr><tr><td>5<\/td><td>RBI has also infused \u20b93.5 lakh crore via OMO since Jan 2026<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">RBI VRR Auction 2026<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs_Frequently_Asked_Questions\"><\/span><strong>FAQs: Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_a_VRR_auction_conducted_by_RBI\"><\/span><strong>1. What is a VRR auction conducted by RBI?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Variable Rate Repo (VRR) auction is a liquidity management tool used by the RBI to inject short-term funds into the banking system. Banks borrow money at interest rates determined through bidding.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_Why_did_RBI_inject_%E2%82%B948014_crore_into_the_banking_system\"><\/span><strong>2. Why did RBI inject \u20b948,014 crore into the banking system?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The RBI injected funds to ease liquidity tightness caused by advance tax payments and expected GST outflows, which reduced cash availability in banks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_What_is_the_difference_between_repo_rate_and_VRR\"><\/span><strong>3. What is the difference between repo rate and VRR?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The repo rate is a fixed rate at which RBI lends money, while VRR involves market-based bidding, allowing banks to borrow at variable interest rates.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_What_are_Open_Market_Operations_OMO\"><\/span><strong>4. What are Open Market Operations (OMO)?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>OMOs are tools used by the RBI to buy or sell government securities in the market to regulate long-term liquidity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Why_is_liquidity_important_in_the_banking_system\"><\/span><strong>5. Why is liquidity important in the banking system?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Adequate liquidity ensures smooth lending operations, stabilizes interest rates, and supports economic growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6_What_caused_the_recent_liquidity_crunch_in_India\"><\/span><strong>6. What caused the recent liquidity crunch in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Advance tax payments by corporates and upcoming GST payments led to a temporary reduction in available funds in the banking system.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"7_How_does_RBI_ensure_financial_stability\"><\/span><strong>7. How does RBI ensure financial stability?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>RBI uses tools like repo rate, reverse repo, CRR, VRR, and OMO to maintain liquidity and control inflation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"8_What_is_the_duration_of_the_recent_VRR_auction\"><\/span><strong>8. What is the duration of the recent VRR auction?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The RBI conducted a 7-day VRR auction for this liquidity injection.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"9_Why_did_banks_borrow_less_than_the_notified_amount\"><\/span><strong>9. Why did banks borrow less than the notified amount?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Although \u20b91.50 lakh crore was offered, banks only needed \u20b948,014 crore, indicating moderate demand for funds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Is_this_news_important_for_competitive_exams\"><\/span><strong>10. 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RBI Injects \u20b948,014 Crore into Banking System via VRR Auction: Explained for Exams Introduction to RBI\u2019s Latest Liquidity Move The Reserve Bank of India (RBI) recently injected \u20b948,014 crore into the banking system through a&#8230;<\/p>\n","protected":false},"author":6,"featured_media":48517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,14],"tags":[4006,3283,32113,35708,267,11901,2817,3931,12567,35709],"class_list":["post-48482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-banking","tag-banking-awareness","tag-banking-exams","tag-current-affairs-2026","tag-financial-system","tag-indian-economy","tag-liquidity-management","tag-monetary-policy","tag-rbi-news","tag-upsc-preparation","tag-vrr-auction"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/48482","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=48482"}],"version-history":[{"count":3,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/48482\/revisions"}],"predecessor-version":[{"id":48518,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/48482\/revisions\/48518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/48517"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=48482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=48482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=48482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}