On January 13, 2026, the Reserve Bank of India (RBI) announced that it will conduct a 2-day Variable Rate Repo (VRR) auction under LAF on January 14, 2026. The notified amount is ₹50,000 crore, the tenor is 2 days, the window timing is 9:30 AM to 10:00 AM, and the date of reversal is January 16, 2026 (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. The Press Release number is 2025-2026/1914. For communications, contact Ajit Prasad, Deputy General Manager. The RBI website is www.rbi.org.in, and the email is helpdoc@rbi.org.in. The phone number is 022-2266 0502.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI to manage short-term liquidity in the banking system.
Reserve Bank of India: The central bank of India, responsible for regulating the country's monetary policy.
Liquidity Adjustment Facility (LAF): A tool that allows banks to borrow money through repurchase agreements or to conduct reverse repurchase agreements with the RBI to manage their daily liquidity needs.
Mumbai: The city where the Department of Communication of RBI is located.
Press Release 2021-2022/1572: A document from the Reserve Bank of India containing operational guidelines for auctions.
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
January 13, 2026
RBI to conduct 2-day Variable Rate Repo (VRR) auction under LAF
on January 14, 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 14, 2026, as
under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 50,000 2 9:30 AM to 10:00 AM January 16, 2026
(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: 2025-2026/1914 Deputy General Manager
(Communications)