On January 07, 2026, the Reserve Bank of India (RBI) announced that it will conduct an overnight Variable Rate Repo (VRR) auction under the LAF (Liquidity Adjustment Facility) on January 08, 2026. The notified amount is ₹1,25,000 crore, with a tenor of 1 day. The auction window is from 9:30 AM to 10:00 AM, and the date of reversal is January 09, 2026 (Friday). 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 2025-2026/1878. Ajit Prasad, Deputy General Manager (Communications), is the contact person. The RBI's website is www.rbi.org.in, and the email is helpdoc@rbi.org.in. The phone number is 022-2266 0502. The RBI central office is located at the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Overnight Variable Rate Repo (VRR): Auction to manage liquidity conditions.
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction is conducted.
Reserve Bank of India: Central Bank of India; conducts VRR auctions and references a previous press release.
Press Release 2021-2022/1572: Referenced document containing operational guidelines for the VRR 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
January 07, 2026
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
January 08, 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 08, 2026, as
under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,25,000 1 9:30 AM to 10:00 AM January 09, 2026
(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: 2025-2026/1878 Deputy General Manager
(Communications)