RBI VRRR Auction 5.24% Rate, ₹4.18 Lakh Cr

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 08, 2026

Issuing authority: Reserve Bank of India (RBI) – Department of Communication, Central Office, Shahid Bhagat Singh Marg, Mumbai

Reference number: Press Release 2026-2027/1064

Date: September 08, 2026

Policy Rates and Liquidity

The RBI conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 8 September 2026. The notified amount for the auction was ₹5,00,000 crore. Participants submitted offers totaling ₹4,17,609 crore, and the entire amount of ₹4,17,609 crore was accepted. The cut‑off rate and the weighted average rate were both 5.24 per cent. No partial acceptance of offers was reported, as all offers were accepted at the cut‑off rate. The press release was signed by Deputy General Manager Ajit Prasad (Communications).