**Summary:**
On September 3, 2025, the Reserve Bank of India (RBI) announced it will conduct an 8-day Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on September 4, 2025. The auction aims to manage current and evolving liquidity conditions. The notified amount for the VRRR 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 12, 2025. The operational guidelines for the auction remain consistent with those outlined in the RBI's Press Release 2019-2020/1947 dated February 13, 2020. For further information, contact the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, email: helpdoc@rbi.org.in, Phone: 022-2266 0502. The press release number is 2025-2026/1030.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: The city where the Department of Communication, Central Office of RBI is located.
Variable Rate Reverse Repo VRRR: A monetary policy tool used by the RBI to manage liquidity in the banking system.
LAF: Liquidity Adjustment Facility, a tool used by RBI to manage liquidity.
September 04, 2025: The date on which the Variable Rate Reverse Repo VRRR auction will be conducted.
September 12, 2025: The date of reversal for the 8-day VRRR 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 contains 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
September 03, 2025
RBI to conduct 8-day Variable Rate Reverse Repo (VRRR) auction under LAF
on September 04, 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 Thursday, September 04,
2025, as under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,50,000 8 9:30 AM to 10:00 AM September 12, 2025
(Friday)
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: 2025-2026/1030 Deputy General Manager
(Communications)