Document title: Result of the 3‑day Variable Rate Repo (VRR) auction held on June 19, 2026
Issuing authority: Reserve Bank of India (RBI) – Department of Communication, Central Office, Shahid Bhagat Singh Marg, Mumbai
Reference number: Press Release 2026-2027/492
Date: June 19, 2026
Policy Rates and Liquidity
The RBI announced the outcome of its three‑day Variable Rate Repo auction conducted on 19 June 2026. The notified amount for the auction was ₹100,000 crore. Bids received totaled ₹16,750 crore, and the entire bid amount was allotted, resulting in a total allotment of ₹16,750 crore. The cut‑off rate and the weighted average rate were both 5.26 %. No partial allotment percentage was applicable as all bids were satisfied at the cut‑off rate.
Regulatory and Policy Measures
The press release, signed by Deputy General Manager Ajit Prasad of the RBI Communications Division, confirms the successful execution of the VRR operation, reflecting the RBI’s ongoing liquidity management stance.
The auction outcome underscores the RBI’s commitment to maintaining adequate market liquidity through variable‑rate repo operations at prevailing policy rates. This content may not be financially relevant.