On January 02, 2026, the RBI announced it will conduct an Overnight Variable Rate Repo (VRR) auction under LAF on January 05, 2026. The notified amount is ₹50,000 crore with a tenor of 1 day. The window timing is 9:30 AM to 10:00 AM, and the date of reversal is January 06, 2026 (Tuesday). The operational guidelines for the auction will be the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The Press Release number is 2025-2026/1838. Contact Ajit Prasad, Deputy General Manager (Communications). The phone number is 022 - 2266 0502 and the email is helpdoc@rbi.org.in. The website is www.rbi.org.in.
Key Entities Referenced
Variable Rate Repo (VRR): A monetary policy instrument used by RBI for managing liquidity.
Reserve Bank of India: The central bank of India, responsible for monetary policy.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage short-term liquidity.
Press Release 2021-2022/1572 dated January 20, 2022: A reference document providing operational guidelines for the 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
January 02, 2026
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF
on January 05, 2026
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Monday, January 05, 2026, as under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
January 06, 2026
1 50,000 1 9:30 AM to 10:00 AM
(Tuesday)
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: 2025-2026/1838 Deputy General Manager
(Communications)