On October 27, 2025, the Reserve Bank of India (RBI) announced it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on October 28, 2025. The notified amount is ₹1,50,000 crore, with a tenor of 1 day. The window timing for the auction is 09:30 AM to 10:00 AM, with a reversal date of October 29, 2025 (Wednesday). 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 press release number is 2025-2026/1390. Contact Ajit Prasad, Deputy General Manager (Communications). RBI Website: www.rbi.org.in, email: helpdoc@rbi.org.in, phone: 022 - 2266 0502.
Key Entities Referenced
Reserve Bank of India: Central bank of India, regulator of the auction.
Variable Rate Repo (VRR): Auction being conducted by RBI.
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction is conducted.
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 27, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
October 28, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Tuesday, October 28, 2025, as under:
Sl. Tenor
Notified Amount Window Timing Date of Reversal
No. (day)
(₹ crore)
1 1,50,000 1 09:30 AM to 10:00 AM October 29, 2025
(Wednesday)
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: 2025-2026/1390 Deputy General Manager
(Communications)