On September 23, 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 September 24, 2025.
The auction details are as follows: Notified Amount ₹1,50,000 crore; Tenor: 1 day; Window Timing: 9:30 AM to 10:00 AM; Date of Reversal: September 25, 2025 (Thursday). 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 2025-2026/1153. Contact: Ajit Prasad, Deputy General Manager (Communications). Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in. Email: helpdoc@rbi.org.in.
Key Entities Referenced
Variable Rate Repo (VRR): Auction of VRR to manage liquidity conditions.
Reserve Bank of India: Central bank conducting the VRR auction.
Mumbai: Location of the Department of Communication of RBI.
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction is conducted.
Press Release 2021-2022/1572: Referenced press release containing 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
September 23, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
September 24, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Wednesday, September 24, 2025, as
under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 1,50,000 1 9:30 AM to 10:00 AM September 25, 2025
(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: 2025-2026/1153 Deputy General Manager
(Communications)