**Summary:**
On July 24, 2025, the Reserve Bank of India (RBI) announced it will conduct a 7-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on July 25, 2025. The notified amount for the auction is ₹1,25,000 crore. The auction window will be open from 10:00 AM to 10:30 AM, with the date of reversal being August 01, 2025. The RBI also announced that the 14-day main operation will not be conducted on July 25, 2025, for the upcoming fortnight. The operational guidelines for the auction, as outlined in the RBI's Press Release 2019-2020/1947 dated February 13, 2020, will remain unchanged. 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 official website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy.
Mumbai, Maharashtra: City in India where the Central Office of the Reserve Bank of India is located.
Variable Rate Reverse Repo (VRRR): A monetary policy tool used by the Reserve Bank of India to manage liquidity.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the banking system.
August 01, 2025: Date of Reversal of VRRR auction.
Reserve Banks Press Release 201920201947 dated February 13, 2020: A previous press release from the Reserve Bank of India containing operational guidelines for auctions.
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
July 24, 2025
RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF
on July 25, 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, July 25, 2025, as
under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (days)
(₹ crore)
1 1,25,000 7 10:00 AM to 10:30 AM August 01, 2025
(Friday)
2. Further, it has been decided not to conduct the 14-day main operation on Friday,
July 25, 2025, for the ensuing fortnight.
3. 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: 2025-2026/777 Deputy General Manager
(Communications)