On December 23, 2025, the Reserve Bank of India (RBI) announced measures to manage liquidity conditions, including OMO purchase auctions of Government of India securities for an aggregate amount of ₹2,00,000 crore in four tranches of ₹50,000 crore each to be held on December 29, 2025, January 05, 2026, January 12, 2026, and January 22, 2026 and USD/INR Buy/Sell Swap auction of USD 10 billion for a tenor of 3 years to be held on January 13, 2026. Detailed instructions for each operation shall be issued separately. The RBI will continue to monitor evolving liquidity and market conditions and take measures as appropriate. The press release number is 2025-2026/1759. Brij Raj, Chief General Manager, is the contact person. RBI's website is www.rbi.org.in and email is helpdoc@rbi.org.in, phone 022 - 2266 0502. RBI's address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for managing liquidity and financial conditions.
OMO purchase auctions: Open Market Operations involving the purchase of Government of India securities to inject liquidity.
USD/INR Buy/Sell Swap auction: An auction to swap USD for INR to manage liquidity in the market.
Mumbai: Location of the Department of Communication, Central Office of RBI.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
December 23, 2025
RBI Announces Measures to Manage Liquidity Conditions
On a review of current liquidity and financial conditions, the Reserve Bank has
decided to conduct the following operations to inject liquidity into the banking system:
• OMO purchase auctions of Government of India securities for an aggregate
amount of ₹2,00,000 crore in four tranches of ₹50,000 crore each to be held
on December 29, 2025, January 05, 2026, January 12, 2026, and January 22,
2026.
• USD/INR Buy/Sell Swap auction of USD 10 billion for a tenor of 3 years to be
held on January 13, 2026.
2. Detailed instructions for each operation shall be issued separately.
3. The Reserve Bank will continue to monitor evolving liquidity and market conditions
and take measures as appropriate to ensure orderly liquidity conditions.
(Brij Raj)
Press Release: 2025-2026/1759 Chief General Manager