RBI conducted a 3‑day Variable Rate Repo auction on May 12 2026, notifying ₹50,000 crore.
Total bids received amounted to ₹7,190 crore, which were fully allotted, resulting in an allotment of ₹7,190 crore.
The cut‑off and weighted average repo rates were both 5.26 percent, with no partial allotment reported.
The release, numbered 2026‑2027/243, was issued by Deputy General Manager Ajit Prasad, Communications.