RBI 7-Day VRR Allots ₹89,440 Cr @5.26%

Document title: Result of the 7‑day Variable Rate Repo (VRR) auction held on June 16 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026-2027/465

Date: 16 June 2026

Policy Rates and Liquidity

The RBI conducted a 7‑day Variable Rate Repo auction on 16 June 2026. The notified amount for the auction was ₹1,50,000 crore. Bids received totaled ₹89,440 crore, and the full bid amount was allotted. The cut‑off rate and the weighted average rate were both 5.26 %. No partial allotment was reported as all bids were satisfied at the cut‑off rate.

The auction outcome reflects the RBI’s liquidity management stance, with a substantial portion of the notified amount remaining unutilised, indicating ample market liquidity at the prevailing repo rate.

In summary, the RBI’s VRR auction on 16 June 2026 resulted in full allotment of ₹89,440 crore at a 5.26 % rate, with no partial allocations, underscoring the current liquidity conditions.