On December 22, 2025, the Reserve Bank of India (RBI) announced it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on December 23, 2025, for ₹75,000 crore. The tenor is 1 day, the window timing is 9:30 AM to 10:00 AM, and the date of reversal is December 24, 2025 (Wednesday). The operational guidelines for the auction are the same as those in RBI Press Release 2021-2022/1572 dated January 20, 2022.
Contact: Ajit Prasad, Deputy General Manager (Communications).
RBI website: www.rbi.org.in, email: helpdoc@rbi.org.in. Phone: 022 - 2266 0502.
Press Release: 2025-2026/1751
Key Entities Referenced
Reserve Bank of India: The central bank of India, conducting the VRR auction.
Overnight Variable Rate Repo (VRR) auction: Auction being conducted by RBI under the LAF.
LAF: Liquidity Adjustment Facility, the framework under which the VRR auction is conducted.
Press Release 2021-2022/1572: Referenced document containing operational guidelines for the auction.
Mumbai: Location of the Reserve Bank of India Central Office.
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 22, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
December 23, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Tuesday, December 23, 2025, as
under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 75,000 1 9:30 AM to 10:00 AM December 24, 2025
(Wednesday)
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: 2025-2026/1751 Deputy General Manager
(Communications)