On September 29, 2025, the Reserve Bank of India (RBI) announced it will conduct an overnight Variable Rate Repo (VRR) auction under the LAF on September 30, 2025. The notified amount is ₹2,00,000 crore with a tenor of 1 day. The window timing is 9:30 AM to 10:00 AM, and the date of reversal is October 01, 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 2025-2026/1196. Ajit Prasad, Deputy General Manager (Communications), is the contact person. RBI's website is www.rbi.org.in and email is helpdoc@rbi.org.in. The phone number is 022 - 2266 0502.
Key Entities Referenced
Variable Rate Repo (VRR): An auction to conduct a Variable Rate Repo (VRR) on September 30, 2025.
Reserve Bank of India: The central bank conducting the VRR auction.
Liquidity Adjustment Facility (LAF): The framework under which the VRR auction is being conducted.
Press Release 2021-2022/1572: The document 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
September 29, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on
September 30, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a Variable Rate Repo (VRR) auction on Tuesday, September 30, 2025, as
under:
Notified Amount Tenor
Sl. No. Window Timing Date of Reversal
(₹ crore) (day)
October 01, 2025
1 2,00,000 1 9:30 AM to 10:00 AM
(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: 2025-2026/1196 Deputy General Manager
(Communications)