RBI VRRR Auction 5.24% on ₹192,357 Cr

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 06, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release: 2026-2027/1258

Date: 06 October 2026

Policy Rates and Liquidity

The Reserve Bank of India (RBI) conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 6 October 2026. The notified amount for the auction was ₹2,50,000 crore. Total offers received amounted to ₹1,92,357 crore, and the RBI accepted the entire ₹1,92,357 crore offered. The cut‑off rate and the weighted average rate were both set at 5.24 percent. No partial acceptance of offers at the cut‑off rate was reported.

The RBI’s VRRR auction demonstrated strong demand for liquidity at a 5.24 percent rate, with the full amount of offers accepted, indicating robust participation in the overnight market.