On January 22, 2026, the RBI will conduct a 5-day Variable Rate Repo (VRR) auction under LAF. The notified amount is ₹50,000 crore, with a tenor of 5 days. The window timing is from 10:15 AM to 10:45 AM, and the date of reversal is January 27, 2026 (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. The press release number is 2025-2026/1965. Ajit Prasad, Deputy General Manager (Communications) is the contact person. The Department of Communication, Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The phone number is 022 - 2266 0502. The website is www.rbi.org.in, and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Variable Rate Repo (VRR): Auction of funds with a variable interest rate.
Reserve Bank of India: The central bank of India.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage 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
January 22, 2026
RBI to conduct 5-day Variable Rate Repo (VRR) auction under LAF on January
22, 2026
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Thursday, January 22, 2026, as
under:
Sl. No. Notified Amount Tenor Window Timing Date of Reversal
(₹ crore) (day)
1 50,000 5 10:15 AM to 10:45 AM January 27, 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: 2025-2026/1965 Deputy General Manager
(Communications)