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 Variable Rate Repo (VRR) auctions under LAF on December 15 & December 16, 2025 ()
Date : Dec 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. No. Date of Auction Notified Amount
(₹ crore)
Tenor
(day)
Window Timing Date of Reversal
1. December 15, 2025 (Monday) 75,000 11 09:30 AM to 10:00 AM December 26, 2025
(Friday)
2. December 16, 2025 (Tuesday) 75,000 10 09:30 AM to 10:00 AM December 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          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1697


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