On December 31, 2025, the Reserve Bank of India (RBI) announced that it will conduct an Overnight Variable Rate Repo (VRR) auction under LAF on January 01, 2026. The notified amount is ₹1,00,000 crore, with a tenor of 1 day. The window timing for the auction is 9:30 AM to 10:00 AM, and the date of reversal is January 02, 2026 (Friday). The operational guidelines for the auction will be the same as in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022.
The press release number is 2025-2026/1819.
Contact information:
Website: www.rbi.org.in
Email: helpdoc@rbi.org.in
Phone: 022 - 2266 0502
Ajit Prasad, Deputy General Manager (Communications).
Key Entities Referenced
Reserve Bank of India: Central bank of India, primary regulator in the auction.
Variable Rate Repo (VRR): Auction to be conducted by RBI.
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction is conducted
Mumbai: Location of RBI's 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 31, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
January 01, 2026
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Thursday, January 01, 2026, as
under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
January 02, 2026
1 1,00,000 1 9:30 AM to 10:00 AM
(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: 2025-2026/1819 Deputy General Manager
(Communications)