**Summary:**
On September 11, 2025, the Reserve Bank of India (RBI) announced it will conduct a 3-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on September 12, 2025, to manage liquidity conditions. The auction will have a notified amount of ₹1,50,000 crore. The auction window will be open from 9:30 AM to 10:00 AM, and the reversal date is set for September 15, 2025 (Monday). The operational guidelines for the auction, as detailed in the RBI's Press Release 2019-2020/1947 dated February 13, 2020, will remain in effect. For further information, contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, via email at helpdoc@rbi.org.in or phone at 022-2266 0502. The press release number is 2025-2026/1083. The RBI's website is www.rbi.org.in.
Key Entities Referenced
VRRR auction: Auction of Variable Rate Reverse Repo
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Variable Rate Reverse Repo: A monetary policy instrument used by the RBI to absorb liquidity from the banking system.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the money market.
September 12, 2025: The date on which the Variable Rate Reverse Repo auction will be conducted.
September 15, 2025: The date of reversal of the Variable Rate Reverse Repo auction.
Mumbai, Maharashtra: Location of Central Office, Reserve Bank of India
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India
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 11, 2025
RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF
on September 12, 2025
On a review of the current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, September 12,
2025, as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 1,50,000 3 9:30 AM to 10:00 AM September 15, 2025
(Monday)
2. The operational guidelines for the auction as given in the Reserve Bank’s Press
Release 2019-2020/1947 dated February 13, 2020 will remain the same.
Ajit Prasad
Press Release: 2025-2026/1083 Deputy General Manager
(Communications)