The Reserve Bank of India (RBI) will conduct a 3-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on September 19, 2025. The notified amount is ₹50,000 crore, with a tenor of 3 days and a window timing of 10:45 AM to 11:15 AM. The date of reversal is September 22, 2025 (Monday). The operational guidelines for the auction are the same as those given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The Press Release number is 2025-2026/1129. For further information, contact Ajit Prasad, Deputy General Manager (Communications). The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI to manage liquidity in the banking system.
RBI: The Reserve Bank of India, the central bank of India, conducting the VRR auction.
Liquidity Adjustment Facility (LAF): A tool used by the RBI to manage short-term liquidity in the market.
Press Release 2021-2022/1572 dated January 20, 2022: An RBI press release containing operational guidelines relevant to the current 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
September 19,2025
RBI to conduct 3-day Variable Rate Repo (VRR) auction under LAF on
September 19, 2025
On a review of current and evolving liquidity conditions, it has been decided to conduct
a Variable Rate Repo (VRR) auction on Friday, September 19, 2025, as under:
Notified Tenor
Sl. No. Window Timing Date of Reversal
Amount (₹ (day)
crore)
1 50,000 3 10:45 AM to 11:15 AM September 22, 2025
(Monday)
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: 2025-2026/1129 Deputy General Manager
(Communications)