India, Oct. 28 -- The Reserve Bank of India (RBI) has announced that it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Tuesday, October 28, 2025, to manage evolving liquidity conditions in the banking system.
According to the central bank's notification, the auction will have a notified amount of Rs 1,50,000 crore for a one-day tenor. The bidding window will remain open from 9:30 AM to 10:00 AM, with the date of reversal set for Wednesday, October 29, 2025.
RBI stated that the operational guidelines for this auction will remain consistent with those outlined in its press release dated January 20, 2022 (Press Release 2021-2022/1572).
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