RBI VRRR Auction 90,280 Cr @5.24%

Document title: Result of the 3‑day Variable Rate Reverse Repo (VRRR) auction held on September 25, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026-2027/1185

Date: September 25, 2026

Policy rates and liquidity

The Reserve Bank of India conducted a three‑day Variable Rate Reverse Repo (VRRR) auction on 25 September 2026. The auction was announced with a notified amount of ₹1,50,000 crore. Participants submitted offers totaling ₹90,280 crore, and the entire amount of ₹90,280 crore was accepted. The cut‑off rate and the weighted average rate for the operation were both 5.24 %. No partial acceptance percentage was reported, indicating that all accepted offers were at the cut‑off rate.

The press release was issued by Deputy General Manager Ajit Prasad of the Communications Division.

Overall, the RBI’s VRRR operation absorbed ₹90,280 crore of liquidity at a rate of 5.24 %, reflecting the central bank’s stance on short‑term liquidity management.