As announced vide the Press Release 2024-2025/1933 dated January 15, 2025, the Reserve Bank will be conducting daily Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day, until further notice.

2. It has been decided that the notified amount for the daily VRR auction to be conducted on June 10, 2025, Tuesday, between 10:00 AM and 10:30 AM will be ₹25,000 crore.

3. Further, on a review of current and evolving liquidity conditions, it has been decided that the daily VRR auctions, as announced in the above press release, will be discontinued with effect from June 11, 2025, Wednesday.

(Puneet Pancholy)     
Chief General Manager

Press Release: 2025-2026/514