On December 19, 2025, the Reserve Bank of India (RBI) announced it will conduct a 2-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on December 22, 2025. The notified amount is ₹1,00,000 crore, with a tenor of 2 days and a window timing from 9:30 AM to 10:00 AM. The date of reversal is December 24, 2025 (Wednesday). The operational guidelines for the auction are the same as those in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. Contact Ajit Prasad, Deputy General Manager (Communications). Website: www.rbi.org.in/hindi, Email: helpdoc@rbi.org.in, phone: 022-22660502. The press release number is 2025-2026/1744.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by RBI to manage liquidity.
Reserve Bank of India: The central bank of India, responsible for monetary policy.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage liquidity in the banking system.
Mumbai: Location of the Department of Communication, Central Office of the RBI.
Press Release 2021-2022/1572 dated January 20, 2022: A previous press release from the Reserve Bank of India containing operational guidelines for the auction.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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 19, 2025
RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF on
December 22, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Monday, December 22, 2025, as
under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,00,000 2 9:30 AM to 10:00 AM December 24, 2025
(Wednesday)
2. The operational guidelines for the auction will be same as given in Reserve Bank’s
Press Release 2021-2022/1572 dated January 20, 2022.
Ajit Prasad
Press Release: 2025-2026/1744 Deputy General Manager
(Communications)