RBI VRR Auction Allots ₹1.5L Cr, 5.55%

Result of the 4‑day Variable Rate Repo (VRR) auction held on October 26, 2026 – Reserve Bank of India (RBI) – Press Release 2026‑2027/1386 – 26 October 2026

Policy Rates and Liquidity

The RBI conducted a four‑day Variable Rate Repo (VRR) auction on 26 October 2026 with a notified amount of ₹1,50,000 crore. Bids received totaled ₹1,86,666 crore, and the amount allotted was ₹1,50,007 crore. The cut‑off rate was set at 5.55 %, while the weighted average rate of the allotted amount was 5.59 %. Bids received at the cut‑off rate were partially allotted at 85.07 %.

The auction outcome indicates robust demand for short‑term liquidity at rates marginally above the cut‑off, reflecting the RBI’s ongoing liquidity management stance.