RBI VRRR Auction 5.49% Rate, ₹255,827 Cr

Document title: Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on October 07, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release: 2026-2027/1267

Date: October 07, 2026

Policy rates and liquidity

The RBI conducted an overnight Variable Rate Reverse Repo (VRRR) auction on 7 October 2026. The notified amount for the auction was ₹300,000 crore. Participants submitted offers totaling ₹255,827 crore, and the entire amount of ₹255,827 crore was accepted. The cut‑off rate and the weighted average rate for the accepted bids were both 5.49 per cent. No partial acceptance of offers was reported, indicating that all bids were satisfied at the cut‑off rate. The press release was issued by Deputy General Manager Ajit Prasad of the RBI Communications Department.

This auction result reflects the RBI's ongoing liquidity management operations through the reverse repo mechanism.