Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on November 05, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/1443
Date: November 05, 2026
Policy Rates and Liquidity
The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 5 November 2026. The notified amount for the auction was ₹75,000 crore. Total offers received amounted to ₹7,767 crore, and the entire ₹7,767 crore was accepted. The cut‑off rate was set at 5.49 %, which also became the weighted average rate for the accepted bids. No partial acceptance percentage was reported.
The full subscription of the auction at the 5.49 % rate reflects the market’s response to the RBI’s liquidity absorption operation on that day.