On October 20, 2025, Reserve Bank of India (RBI) announced that it will conduct an Overnight Variable Rate Repo (VRR) auction under LAF on October 23, 2025.
The auction details are as follows:
* Sl. No. 1
* Notified Amount: ₹ 50,000 crore
* Tenor: 1 day
* Window Timing: 9:30 AM to 10:00 AM
* Date of Reversal: October 24, 2025 (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 Department of Communication, Central Office contact number is 022 - 2266 0502. The RBI website is www.rbi.org.in and the email is helpdoc@rbi.org.in.
The Press Release number is 2025-2026/1354. Ajit Prasad, Deputy General Manager (Communications) is the contact person.
Key Entities Referenced
Variable Rate Repo (VRR): Auction of VRR to be conducted by RBI.
Reserve Bank of India (RBI): Central bank conducting the VRR auction.
Liquidity Adjustment Facility (LAF): VRR auction conducted under LAF.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced press release containing operational guidelines.
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
October 20, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
October 23, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Thursday, October 23, 2025, as
under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
October 24, 2025
1 50,000 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: 2025-2026/1354 Deputy General Manager
(Communications)