On December 23, 2025, the RBI announced that it will conduct a 2-day Variable Rate Repo (VRR) auction under LAF on December 24, 2025. The notified amount is ₹1,25,000 crore, with a tenor of 2 days. The window timing is 9:30 AM to 10:00 AM, and the date of reversal is December 26, 2025 (Friday). The operational guidelines for the auction will be the same as given 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. Email: helpdoc@rbi.org.in. Phone: 022-2266 0502. Press Release: 2025-2026/1761.
Key Entities Referenced
Variable Rate Repo (VRR): Auction of Variable Rate Repo by RBI to manage liquidity.
Reserve Bank of India: Central bank conducting the VRR auction.
LAF: Liquidity Adjustment Facility under which the VRR auction is conducted.
Mumbai: Location of the Department of Communication, Central Office of RBI.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced press release 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 23, 2025
RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF on
December 24, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Wednesday, December 24, 2025, as
under:
Sl. Notified Amount Tenor
Window Timing Date of Reversal
No. (₹ crore) (day)
December 26, 2025
1 1,25,000 2 9:30 AM to 10:00 AM
(Friday)
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: 2025-2026/1761 Deputy General Manager
(Communications)