RBI VRR Auction: ₹75k Cr, 5.26% Cut‑off

RBI conducted a 4‑day Variable Rate Repo auction on May 7 2026 with ₹75,000 crore notified amount.
Total bids received matched the allotment at ₹10,795 crore, indicating full subscription of the auctioned amount.
The cut‑off and weighted average repo rates were both 5.26 percent, with no partial allotment reported.
Press release issued by Deputy General Manager Ajit Prasad of RBI’s Communication Department.