**Summary:**
On August 7, 2025, the Reserve Bank of India (RBI) announced it will conduct Variable Rate Reverse Repo (VRRR) auctions under the Liquidity Adjustment Facility (LAF) on August 8, 2025, to manage liquidity conditions. Two VRRR auctions are scheduled:
1. A 6-day VRRR auction for ₹2,00,000 crore, with the auction window open from 9:30 AM to 10:00 AM and reversal on August 14, 2025 (Thursday).
2. A 3-day VRRR auction for ₹1,00,000 crore, with the auction window open from 10:30 AM to 11:00 AM and reversal on August 11, 2025 (Monday).
The operational guidelines for the auction, as detailed in the RBI's Press Release 2019-2020/1947 dated February 13, 2020, will remain in effect.
For further information, contact the Department of Communication, Central Office, Reserve Bank of India, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, email: helpdoc@rbi.org.in, Phone: 022-2266 0502. The press release number is 2025-2026/862. Website : www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
August 07, 2025: Date of the press release.
Variable Rate Reverse Repo: A monetary policy instrument used by the Reserve Bank of India to absorb liquidity from the banking system.
LAF: Liquidity Adjustment Facility. A tool used by the Reserve Bank of India to manage liquidity in the banking system.
August 08, 2025: Date on which the Variable Rate Reverse Repo auctions will be conducted.
Mumbai, Maharashtra: City and state where the Reserve Bank of India's Central Office is located.
February 13, 2020: Date of the Reserve Bank of India's Press Release 2019-2020/1947 regarding operational guidelines for the auction.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.
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
August 07, 2025
RBI to conduct 6-day and 3-day Variable Rate Reverse Repo (VRRR) auctions
under LAF on August 08, 2025
On a review of the current and evolving liquidity conditions, it has been decided to
conduct the following Variable Rate Reverse Repo (VRRR) auctions on Friday, August
08, 2025:
Notified Tenor
Sl. No. Window Timing Date of Reversal
Amount (₹ (day)
crore)
1 2,00,000 6 9:30 AM to 10:00 AM August 14, 2025
(Thursday)
2 1,00,000 3 10:30 AM to 11:00 AM August 11, 2025
(Monday)
2. The operational guidelines for the auction as given in the Reserve Bank’s Press
Release 2019-2020/1947 dated February 13, 2020 will remain the same.
Ajit Prasad
Press Release: 2025-2026/862 Deputy General Manager
(Communications)