On October 27, 2025, the RBI announced it will conduct an Overnight Variable Rate Repo (VRR) auction under LAF on October 28, 2025. The notified amount is ₹1,50,000 crore with a tenor of 1 day. The window timing is 09:30 AM to 10:00 AM and the date of reversal is 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. Ajit Prasad, Deputy General Manager (Communications) is the contact person. RBI contact information: Website: www.rbi.org.in, Email: helpdoc@rbi.org.in, Phone: 022 - 2266 0502.
Key Entities Referenced
Overnight Variable Rate Repo (VRR): A type of short-term repurchase agreement auction conducted by the RBI.
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the banking system, under which the VRR auction is conducted.
Press Release 2021-2022/1572: Referenced document containing operational guidelines for the auction.
Mumbai: Location of the Reserve Bank of India's central office.
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)