MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Press Release


PDF - RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 2025 ()
Date : Jul 10, 2025
RBI to conduct 7-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 11, 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 11, 2025, as under:

Sl. No. Notified Amount
(₹ crore)
Tenor (day) Window Timing Date of Reversal
1 2,50,000 7 10:00 AM to 10:30 AM July 18, 2025
(Friday)

2. Further, on a review of evolving liquidity conditions, it has been decided not to conduct the 14-day main operation on Friday, July 11, 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: 2025-2026/691


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