Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 13, 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/881
Date: August 13, 2026
Policy rates and liquidity
The RBI conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 13 August 2026. The notified amount for the auction was ₹100,000 crore. Offers received totaled ₹80,170 crore, and the entire ₹80,170 crore was accepted. Both the cut‑off rate and the weighted average rate were 5.24 per cent. No partial acceptance was reported, indicating that all accepted offers were at the cut‑off rate.
The operation reflects RBI’s use of the VRRR mechanism to manage short‑term liquidity conditions in the banking system, providing a reverse repo facility at a rate of 5.24 per cent.
This concludes the RBI’s disclosure of the VRRR auction outcome for the stated date.