On September 18, 2025, the Reserve Bank of India (RBI) announced that it will conduct a 6-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on September 19, 2025. The notified amount for the auction is ₹1,00,000 crore. The auction window will be open from 9:30 AM to 10:00 AM. The date of reversal is September 25, 2025, a Thursday. The operational guidelines for the auction are the same as those provided in RBI's Press Release 2021-2022/1572 dated January 20, 2022. Contact information for the Department of Communication, Central Office is available at helpdocrbi.org.in or by phone at 022 2266 0502. The press release number is 2025-2026/1124.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for monetary policy and conducting VRR auctions.
Variable Rate Repo (VRR): Auction mechanism used by RBI to manage liquidity.
Liquidity Adjustment Facility (LAF): The tool used by RBI, which includes VRR, to manage market liquidity.
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 18, 2025
RBI to conduct 6-day Variable Rate Repo (VRR) auction under LAF on
September 19, 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 19, 2025, as
under:
Notified
Tenor
Sl. No. Amount (₹ Window Timing Date of Reversal
(day)
crore)
September 25, 2025
1 1,00,000 6 9:30 AM to 10:00 AM
(Thursday)
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: 2025-2026/1124 Deputy General Manager
(Communications)