On December 12, 2025, the RBI announced that it will conduct Variable Rate Repo (VRR) auctions under LAF on December 15 & December 16, 2025. The details of the auction are as follows:
- December 15, 2025 (Monday): Notified Amount ₹ 75,000 crore, Tenor 11 day, Window Timing 09:30 AM to 10:00 AM, Date of Reversal December 26, 2025 (Friday).
- December 16, 2025 (Tuesday): Notified Amount ₹ 75,000 crore, Tenor 10 day, Window Timing 09:30 AM to 10:00 AM, Date of Reversal December 26, 2025 (Friday).
The operational guidelines for the auction will be the same as given in Reserve Bank's Press Release 2021-2022/1572 dated January 20, 2022. Ajit Prasad, Deputy General Manager (Communications) is the contact person. The press release number is 2025-2026/1697. The Central Office phone number is 022-2266 0502 and the email is helpdoc@rbi.org.in.
Key Entities Referenced
Variable Rate Repo (VRR): Auctions conducted by the RBI to manage liquidity.
Liquidity Adjustment Facility (LAF): A tool used by the RBI to manage liquidity in the banking system.
Reserve Bank of India: The central bank of India responsible for monetary policy.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India.
Press Release 2021-2022/1572 dated January 20, 2022: Referenced press release containing operational guidelines for the auction.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय �रज़व र् बकैं
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार �वभाग, केंद्र�य कायार्लय, शह�द भगत �सहं माग,र् फोटर्, मुंबई - 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
December 12, 2025
RBI to conduct Variable Rate Repo (VRR) auctions under LAF on December 15
& December 16, 2025
On a review of current and evolving liquidity conditions, it has been decided to
conduct Variable Rate Repo (VRR) auctions as under:
Sl. Date of Auction Notified Tenor Date of
Window Timing
No. Amount (day) Reversal
(₹ crore)
December 15, 09:30 AM to December
1. 75,000 11
2025 (Monday) 10:00 AM 26, 2025
(Friday)
December 16, 09:30 AM to December
2. 75,000 10
2025 (Tuesday) 10:00 AM 26, 2025
(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: 2025-2026/1697 Deputy General Manager
(Communications)