RBI Overnight VRRR Auction Cut-off 5.49%

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 13, 2026

Issuing authority: Reserve Bank of India, Department of Communication

Reference number: Press Release 2026-2027/1317

Date: 13 October 2026

Policy Rates and Liquidity

The RBI announced the outcome of the overnight Variable Rate Reverse Repo auction conducted on 13 Oct 2026 for a 1‑day tenor. The notified amount for the operation was ₹1,50,000 crore. Total offers received amounted to ₹71,580 crore, which were fully accepted, resulting in an acceptance amount of ₹71,580 crore. The cut‑off rate and the weighted‑average rate were both set at 5.49 %. No partial acceptance percentage was reported.

The auction result reflects the RBI’s liquidity absorption stance and the pricing of short‑term reverse repo facilities in the overnight market.

This document provides the factual details of the VRRR auction without additional commentary.