RBI VRRR Auction: ₹168,055 Cr at 5.24%

Document title: Result of the 4‑day Variable Rate Reverse Repo (VRRR) auction held on October 01, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026-2027/1228

Date: 01 October 2026

Policy rates and liquidity

On 1 October 2026, the RBI conducted a four‑day Variable Rate Reverse Repo (VRRR) auction. The notified amount for the operation was ₹200,000 crore. Participants submitted offers amounting to ₹168,055 crore, and the RBI accepted the full ₹168,055 crore of offers. The cut‑off rate for the auction was 5.24 percent, which also equated to the weighted average rate of the accepted bids. No partial acceptance of offers at the cut‑off rate was reported.

The auction outcome indicates the RBI’s liquidity absorption at a rate of 5.24 percent, reflecting the current stance of monetary policy instruments.

This content may not be financially relevant.