On January 6, 2026, 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 January 7, 2026.
The auction will have a notified amount of ₹1,00,000 crore, with a tenor of 2 days. The window timing for the auction is 9:30 AM to 10:00 AM and the date of reversal is January 9, 2026 (Friday).
The operational guidelines for the auction are the same as those outlined in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.
The press release number is 2025-2026/1867. For further information, contact Ajit Prasad, Deputy General Manager (Communications). The RBI's website is www.rbi.org.in and the email is helpdoc@rbi.org.in. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 and the phone number is 022 - 2266 0502.
Key Entities Referenced
Reserve Bank of India: Central bank of India, the primary regulator in the document.
Variable Rate Repo (VRR): Auction of funds by RBI with variable interest rates.
Liquidity Adjustment Facility (LAF): Framework used by RBI to manage market liquidity.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced document containing operational guidelines for VRR 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
January 06, 2026
RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF
on January 07, 2026
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Wednesday, January 07, 2026, as
under:
Sl. Notified Amount Tenor
Window Timing Date of Reversal
No. (₹ crore) (day)
January 09, 2026
1 1,00,000 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: 2025-2026/1867 Deputy General Manager
(Communications)