On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on Friday, July 25, 2025, as under:

2. Further, it has been decided not to conduct the 14-day main operation on Friday, July 25, 2025, for the ensuing fortnight.

3. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

Ajit Prasad            
Deputy General Manager
(Communications)     

Press Release: 2025-2026/777