India, Aug. 21 -- The Reserve Bank of India (RBI) has announced it will conduct an Overnight Variable Rate Repo (VRR) auction under the Liquidity Adjustment Facility (LAF) on Thursday, August 21, 2025, to manage evolving liquidity conditions.

The auction, with a notified amount of Rs 50,000 crore, will be held between 9:30 AM and 10:00 AM, with the reversal date set for August 22, 2025. The operational guidelines will remain in line with the RBI's earlier circular issued on January 20, 2022.

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