**Summary:**
On August 28, 2025, the Reserve Bank of India (RBI) announced it will conduct a 6-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on August 29, 2025. The notified amount for the auction is ₹1,50,000 crore. The auction window will be open from 9:30 AM to 10:00 AM, with a reversal date of September 04, 2025. The operational guidelines for the auction, as outlined 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, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, via email at helpdoc@rbi.org.in or phone at 022-2266 0502. The RBI website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, also referred to as RBI.
Mumbai, Maharashtra: City in India where the Reserve Bank of India's Central Office is located.
Variable Rate Reverse Repo: A monetary policy instrument used by the RBI to absorb liquidity from the banking system.
VRRR auction: Variable Rate Reverse Repo auction conducted by Reserve Bank of India
LAF: Liquidity Adjustment Facility, a tool used by RBI for managing liquidity.
September 04, 2025: The date of reversal for the Variable Rate Reverse Repo auction.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India.
February 13, 2020: Date of the Reserve Bank's Press Release 2019-2020/1947 which provides 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
August 28, 2025
RBI to conduct 6-day Variable Rate Reverse Repo (VRRR) auction under LAF
on August 29, 2025
On a review of the current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, August 29, 2025,
as under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,50,000 6 9:30 AM to 10:00 AM September 04, 2025
(Thursday)
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: 2025-2026/991 Deputy General Manager
(Communications)