The Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system, on a review of current liquidity and financial conditions. The measures include a 90-day Variable Rate Repo (VRR) operation for an amount of Rs 25,000 crore to be conducted on January 30, 2026, a USD/INR buy-sell swap auction of USD 10 billion for a tenor of 3 years to be held on February 4, 2026 and OMO purchase auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore in two tranches of ₹50,000 crore each to be held on February 05, 2026, and February 12, 2026.

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