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 Overnight Variable Rate Repo (VRR) auction under LAF on December 17, 2025 ()
Date : Dec 17, 2025
RBI to conduct Overnight Variable Rate Repo (VRR) auction under LAF on December 17, 2025

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Wednesday, December 17, 2025, as under:

Sl. No. Notified Amount
(₹ crore)		 Tenor
(day)		 Window Timing Date of Reversal
1 75,000 1 10:15 AM to 10:45 AM December 18, 2025
(Thursday)

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: 2025-2026/1717

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