On September 25, 2025, the Reserve Bank of India (RBI) announced that it will conduct a 4-day Variable Rate Repo (VRR) auction under LAF on September 26, 2025. The notified amount for the auction is ₹1,00,000 crore, with a tenor of 4 days. The window timing for the auction is from 9:30 AM to 10:00 AM, and the date of reversal is September 30, 2025 (Tuesday). The operational guidelines for the auction will be the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. Contact Ajit Prasad, Deputy General Manager (Communications) for more information. Phone: 022 - 2266 0502, email: helpdoc@rbi.org.in, website: www.rbi.org.in. Press Release: 2025-2026/1172.
Key Entities Referenced
Variable Rate Repo (VRR): Auction of funds to manage liquidity in the banking system.
Reserve Bank of India: Central bank responsible for monetary policy, including VRR auctions.
Mumbai: Location of the Reserve Bank of India's central office.
LAF: Liquidity Adjustment Facility under which VRR auction will be conducted.
Press Release 2021-2022/1572: Referenced policy document containing the 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 25, 2025
RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on
September 26, 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 26, 2025, as
under:
Notified Tenor
Sl. No. Window Timing Date of Reversal
Amount (₹ (day)
crore)
1 1,00,000 4 9:30 AM to 10:00 AM September 30, 2025
(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: 2025-2026/1172 Deputy General Manager
(Communications)