On December 17, 2025, the RBI will conduct an overnight Variable Rate Repo (VRR) auction under LAF. The notified amount is ₹75,000 crore with a tenor of 1 day. The window timing is 10:15 AM to 10:45 AM, with the date of reversal being December 18, 2025 (Thursday). The operational guidelines for the auction are the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. For communication, contact Ajit Prasad, Deputy General Manager (Communications). Press Release: 2025-2026/1717.
Key Entities Referenced
Variable Rate Repo (VRR): Auction to manage liquidity conditions.
Liquidity Adjustment Facility (LAF): Umbrella framework under which the VRR auction is conducted.
Reserve Bank of India: Central bank of India, conducting the VRR auction.
Mumbai: Location of Reserve Bank of India's Central Office.
Press Release 2021-2022/1572 dated January 20, 2022: Operational guidelines for VRR 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
December 17, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
December 17, 2025
On a review of current and evolving liquidity conditions, it has been decided to conduct
a Variable Rate Repo (VRR) auction on Wednesday, December 17, 2025, as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 75,000 1 10:15 AM to 10:45 AM December 18, 2025
(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: 2025-2026/1717 Deputy General Manager
(Communications)