Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 29, 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/1206
Date: 29 September 2026
Policy Rates and Liquidity
The Reserve Bank of India announced the outcome of the overnight Variable Rate Reverse Repo (VRRR) auction conducted on 29 September 2026. The notified amount for the auction was ₹2,00,000 crore. Participants submitted offers amounting to ₹1,19,048 crore, and the RBI accepted the entire ₹1,19,048 crore offered. The cut‑off rate and the weighted‑average rate were both fixed at 5.24 percent. No partial acceptance of offers at the cut‑off rate was reported.
The press release was issued by Deputy General Manager Ajit Prasad of the Communications Division.
This auction result reflects the RBI's ongoing liquidity management operations in the money market.