On January 08, 2026, the Reserve Bank of India (RBI) announced that it will conduct a 4-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on January 09, 2026. The notified amount is ₹50,000 crore, the tenor is 4 days, the window timing is 9:30 AM to 10:00 AM, and the date of reversal is January 13, 2026 (Tuesday). The operational guidelines for the auction will be the same as those in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The press release number is 2025-2026/1885. Contact Ajit Prasad, Deputy General Manager (Communications). Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in. Address: Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by RBI to manage liquidity.
Reserve Bank of India (RBI): The central bank of India, responsible for conducting monetary policy and regulating the banking system.
Liquidity Adjustment Facility (LAF): A tool used by the RBI to manage liquidity in the money market.
Press Release 2021-2022/1572: A referenced document containing the operational guidelines for the auction.
Mumbai: Location of the central office of the RBI.
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
January 08, 2026
RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on January
09, 2026
On a review of current and evolving liquidity conditions, it has been decided to conduct
a Variable Rate Repo (VRR) auction on Friday, January 09, 2026, as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 50,000 4 9:30 AM to 10:00 AM January 13, 2026
(Tuesday)
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: 2025-2026/1885 Deputy General Manager
(Communications)