RBI VRRR Auction 5.49% on ₹25,533 Cr

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 14, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026-2027/1324

Date: October 14, 2026

Policy rates and liquidity

The RBI conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 14 October 2026. The notified amount for the auction was ₹50,000 crore. Total offers received amounted to ₹25,533 crore, which were fully accepted, resulting in an accepted amount of ₹25,533 crore. The cut‑off rate and the weighted average rate were both 5.49 %. No partial acceptance of offers at the cut‑off rate was reported. The press release was issued by Deputy General Manager Ajit Prasad, Communications.

In summary, the auction absorbed ₹25,533 crore of liquidity at a rate of 5.49 %, reflecting the RBI’s stance on short‑term liquidity management.