On January 01, 2026, the Reserve Bank of India (RBI) announced it will conduct a 5-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on January 02, 2026.
The notified amount is ₹1,00,000 crore, with a tenor of 5 days. The window timing for the auction is 9:30 AM to 10:00 AM, and the date of reversal is January 07, 2026 (Wednesday). The operational guidelines for the auction are the same as those outlined in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.
The press release number is 2025-2026/1827. Contact Ajit Prasad, Deputy General Manager (Communications) for further information. The RBI website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The phone number is 022-2266 0502. The RBI's central office is located at the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Reserve Bank of India: India's central bank, conducting the VRR auction.
Variable Rate Repo (VRR): A monetary policy tool used by RBI to manage liquidity.
LAF: Liquidity Adjustment Facility, under which the VRR auction is conducted.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced RBI press release containing the operational guidelines for the auction.
Mumbai: Location of the Reserve Bank of India central office.
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 01, 2026
RBI to conduct 5-day Variable Rate Repo (VRR) auction under LAF on January
02, 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 02, 2026, as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 1,00,000 5 9:30 AM to 10:00 AM January 07, 2026
(Wednesday)
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: 2025-2026/1827 Deputy General Manager
(Communications)