On December 17, 2025, the Reserve Bank of India (RBI) announced it will conduct a 4-day Variable Rate Repo (VRR) auction under LAF on December 18, 2025. The notified amount is ₹75,000 crore with a tenor of 4 days. The window timing for the auction is 9:30 AM to 10:00 AM and the date of reversal is December 22, 2025 (Monday). The operational guidelines for the auction are the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The contact person is Ajit Prasad, Deputy General Manager (Communications). The Press Release number is 2025-2026/1724.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for conducting monetary policy.
Variable Rate Repo (VRR): A monetary policy instrument used by RBI to manage liquidity in the banking system.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage short-term liquidity in the money market.
Mumbai: Location of the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort.
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
December 17, 2025
RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on
December 18, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Thursday, December 18, 2025, as
under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 75,000 4 9:30 AM to 10:00 AM December 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: 2025-2026/1724 Deputy General Manager
(Communications)