On October 28, 2025, the Reserve Bank of India (RBI) announced it will conduct an Overnight Variable Rate Repo (VRR) auction under the LAF on October 29, 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 30, 2025 (Thursday). The operational guidelines will be the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. This press release, 2025-2026/1401, was issued by Ajit Prasad, Deputy General Manager (Communications). The Department of Communication can be contacted at the Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, or via phone at 022 - 2266 0502. The RBI website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Central bank of India; the entity conducting the VRR auction.
Overnight Variable Rate Repo (VRR): Type of auction being conducted by RBI to manage liquidity.
Liquidity Adjustment Facility (LAF): The framework under which the VRR auction is conducted.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced RBI press release containing the operational guidelines for the auction.
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 28, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
October 29, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Wednesday, October 29, 2025, as
under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
October 30, 2025
1 1,50,000 1 09:30 AM to 10:00 AM
(Thursday)
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: 2025-2026/1401 Deputy General Manager
(Communications)