On December 19, 2025, the Reserve Bank of India (RBI) announced that it will conduct a 2-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on December 22, 2025, following a review of current liquidity conditions. The notified amount for the auction is ₹1,00,000 crore, with a tenor of 2 days. The window for the auction is from 9:30 AM to 10:00 AM, and the date of reversal is December 24, 2025 (Wednesday). The operational guidelines for the auction will be the same as those given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. For additional information, contact Ajit Prasad, Deputy General Manager (Communications). The press release number is 2025-2026/1744. The RBI can be contacted through their website www.rbi.org.in and by email helpdoc@rbi.org.in, or by phone 022 - 2266 0502.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI to manage liquidity in the banking system.
Reserve Bank of India: The central bank of India responsible for conducting monetary policy.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Mumbai: Location of the Reserve Bank of India's communication department.
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)