On October 20, 2025, the Reserve Bank of India (RBI) announced that it will conduct a 3-day Variable Rate Repo (VRR) auction under the LAF due to current liquidity conditions. The auction details are as follows: Notified amount is ₹50,000 crore, tenor is 3 days, window timing is 12:00 Noon to 12:30 PM, and the date of reversal is October 23, 2025 (Thursday). Operational guidelines for the auction remain the same as those given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.
The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 can be contacted at Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in.
The Chief General Manager is Brij Raj. This is press release 2025-2026/1349.
Key Entities Referenced
Reserve Bank of India: Central bank of India, conducting the VRR auction.
Variable Rate Repo (VRR): Auctioned by RBI to manage liquidity conditions.
Liquidity Adjustment Facility (LAF): RBI conducts VRR auction under LAF.
Mumbai: Location of RBI's central office.
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
October 20, 2025
RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF
on October 20, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a second Variable Rate Repo (VRR) auction on Monday, October 20, 2025,
as under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
October 23, 2025
1 50,000 3 12:00 Noon to 12:30 PM
(Thursday)
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.
(Brij Raj)
Press Release: 2025-2026/1349 Chief General Manager