Document title: Result of the 4‑day Variable Rate Repo (VRR) auction held on June 25 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/537
Date: June 25 2026
Policy Rates and Liquidity
The Reserve Bank of India conducted a four‑day Variable Rate Repo (VRR) auction on 25 June 2026. The auction was announced with a notified amount of ₹50,000 crore. Bids received totaled ₹16,800 crore, and the full bid amount was allotted, resulting in an amount allotted of ₹16,800 crore. The cut‑off rate and the weighted average rate were both 5.26 percent. No partial allotment percentage was applicable, as the entire bid volume was fully allotted at the cut‑off rate. The press release was issued by Deputy General Manager (Communications) Ajit Prasad.
This auction outcome reflects the RBI’s liquidity management stance as of the end of June 2026.