On September 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 September 25, 2025. The notified amount for the auction is ₹1,25,000 crore with a tenor of 1 day. The window timing for the auction is from 9:30 AM to 10:00 AM, and the date of reversal is September 26, 2025 (Friday). The operational guidelines for the auction are the same as those outlined in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The contact person for communications is Ajit Prasad, Deputy General Manager. The press release number is 2025-2026/1160. RBI's website is www.rbi.org.in, and the email is helpdoc@rbi.org.in. The phone number is 022-2266 0502. The central office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
Reserve Bank of India: Central bank of India, conducting the auction.
Overnight Variable Rate Repo (VRR): The auction being conducted to manage liquidity.
Liquidity Adjustment Facility (LAF): Framework under which the VRR auction is conducted.
Mumbai: Location of the RBI central office.
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 24, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
September 25, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Thursday, September 25, 2025, as
under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
September 26, 2025
1 1,25,000 1 9:30 AM to 10:00 AM
(Friday)
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: 2025-2026/1160 Deputy General Manager
(Communications)