RBI VRRR Auction 5.24%, ₹2.5L Cr Accepted

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 31, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release: 2026-2027/995

Date: August 31, 2026

Policy Rates and Liquidity

The RBI conducted an overnight variable rate reverse repo (VRRR) auction on 31 August 2026. The notified amount for the auction was ₹4,00,000 crore. Total offers received amounted to ₹2,49,840 crore, which were fully accepted. Both the cut‑off rate and the weighted average rate were 5.24 %. No partial acceptance of offers at the cut‑off rate was reported.

The outcome reflects the RBI’s stance on short‑term liquidity management, with the reverse repo rate set at 5.24 % and a substantial volume of ₹2.49 lakh crore absorbed.