The Reserve Bank of India (RBI) will conduct a 7-day Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on November 21, 2025. The notified amount for the auction is ₹50,000 crore with a tenor of 7 days. The auction window is from 09:30 AM to 10:00 AM, and the date of reversal is November 28, 2025 (Friday). The operational guidelines for the auction are the same as those provided in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The Press Release number for this announcement is 2025-2026/1541. Contact Ajit Prasad, Deputy General Manager (Communications), for more information. The Department of Communication is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502.
Key Entities Referenced
Variable Rate Repo (VRR): Auction to be conducted by RBI to manage liquidity
Reserve Bank of India: Central bank conducting the auction and issuing the press release
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction will be conducted
Mumbai: Location of the Department of Communication, Central Office of RBI.
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
November 20, 2025
RBI to conduct 7-day Variable Rate Repo (VRR) auction under LAF on
November 21, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Friday, November 21, 2025, as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 50,000 7 09:30 AM to 10:00 AM November 28, 2025
(Friday)
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: 2025-2026/1541 Deputy General Manager
(Communications)