On October 24, 2025, the Reserve Bank of India (RBI) announced that it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on October 27, 2025. The auction is for a notified amount of ₹1,00,000 crore with a tenor of 1 day. The window timing for the auction is 09:30 AM to 10:00 AM, and the date of reversal is October 28, 2025 (Tuesday). The operational guidelines for the auction are the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 can be contacted at Phone: 022 - 2266 0502. Website: www.rbi.org.in, email: helpdoc@rbi.org.in. This press release is numbered 2025-2026/1379. Ajit Prasad, Deputy General Manager (Communications) is the contact person.
Key Entities Referenced
Reserve Bank of India: Central bank of India, responsible for monetary policy and banking regulation.
Variable Rate Repo (VRR): A monetary policy instrument used by the RBI to manage liquidity in the banking system.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage short-term liquidity in the money market.
Mumbai: Location of the Department of Communication, Central Office of Reserve Bank of India
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 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 24, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF
on October 27, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Monday, October 27, 2025, as under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,00,000 1 09:30 AM to 10:00 AM October 28, 2025
(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: 2025-2026/1379 Deputy General Manager
(Communications)