RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 25, 2025

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Published on July 24, 2025

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RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 25, 2025

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:

Sl. No.	Notified Amount (₹ crore)	Tenor (days)	Window Timing	Date of Reversal
1	1,25,000	7	10:00 AM to 10:30 AM	August 01, 2025 (Friday)

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