On October 27, 2025, the RBI will conduct a second Overnight Variable Rate Repo (VRR) auction under LAF. The notified amount is ₹50,000 crore, with a tenor of 1 day. The window timing is from 11:00 AM to 11:30 AM and the date of reversal is October 28, 2025. The operational guidelines for the auction are the same as in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. The Press Release number is 2025-2026/1382. Brij Raj, Chief General Manager, is the contact person. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in. The phone number is 022 - 2266 0502.
Key Entities Referenced
Variable Rate Repo (VRR): Overnight Variable Rate Repo auction to manage liquidity.
Reserve Bank of India: Central bank conducting the VRR auction.
Liquidity Adjustment Facility (LAF): The broader framework under which the VRR auction is conducted.
Press Release 2021-2022/1572: Referenced press release providing operational guidelines for the auction.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
वबे साइट : www.rbi.org.in/hindi संचार िवभाग, केंद्रीय कायार्लय, शहीद भगत िसंह मागर्, फोटर्, मुंबई - 400 001
0
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 Second Overnight Variable Rate Repo (VRR) auction under LAF
on October 27, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct a second Variable Rate Repo (VRR) auction on Monday, October 27, 2025,
as under:
Tenor
Sl. No. Notified Amount Window Timing Date of Reversal
(day)
(₹ crore)
1 50,000 1 11:00 AM to 11:30 AM October 28, 2025
(Tuesday)
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.
(Brij Raj)
Press Release: 2025-2026/1382 Chief General Manager