**Summary:**
On September 15, 2025, the Reserve Bank of India (RBI) announced that it will conduct a 3-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on September 16, 2025. The auction aims to manage current and evolving liquidity conditions. The notified amount for the VRR auction is ₹75,000 crore. The auction window will be open from 9:30 AM to 10:00 AM. The date of reversal is September 19, 2025. The operational guidelines for the auction are the same as those outlined in RBI Press Release 2021-2022/1572 dated January 20, 2022. Contact information for the Department of Communication, Central Office is available via email at helpdoc@rbi.org.in or phone at 022-2266-0502. The press release number is 2025-2026/1100.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India, location of the Reserve Bank of India Central Office.
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI to manage liquidity in the banking system.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the money market.
September 16, 2025: Date of the Variable Rate Repo (VRR) auction.
September 19, 2025: Date of Reversal of VRR auction.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.
January 20, 2022: Date of the Reserve Bank of India Press Release 2021-2022/1572 providing 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
September 15, 2025
RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on
September 16, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Tuesday, September 16, 2025, as
under:
Notified
Tenor
Sl. No. Amount (₹ Window Timing Date of Reversal
(day)
crore)
September 19, 2025
1 75,000 3 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: 2025-2026/1100 Deputy General Manager
(Communications)