RBI to conduct Rs 50,000 crore VRRR auction under LAF on July 31

India, July 31 -- The Reserve Bank of India (RBI) has announced it will conduct an Overnight Variable Rate Reverse Repo (VRRR) auction under the Liquidity Adjustment Facility (LAF) on Thursday, July 31, 2025, to manage evolving liquidity conditions in the banking system.

As per the RBI's notification, the auction will be conducted for a notified amount of Rs 50,000 crore with a one-day tenor. The auction window will be open from 9:30 AM to 10:00 AM, and the date of reversal has been set for Friday, August 1, 2025.

The operational guidelines for this VRRR auction will remain in line with those outlined in the RBI's Press Release No. 2019-2020/1947 dated February 13, 2020.

Published by HT Digital Content Services with permission from Dion ...