RBI VRRR Auction Accepts ₹18,133 Cr, 5.49%

Document title: Result of the 3‑day Variable Rate Reverse Repo (VRRR) auction held on November 06, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026-2027/1457

Date: 06 November 2026

Policy rates and liquidity

The RBI conducted a three‑day Variable Rate Reverse Repo (VRRR) auction on 6 November 2026. The notified amount for the operation was ₹25,000 crore. Total offers received amounted to ₹18,133 crore, and the full ₹18,133 crore was accepted. Both the cut‑off rate and the weighted average rate were 5.49 %. No partial acceptance percentage was reported, indicating that the entire accepted amount was taken at the single rate of 5.49 %.

The auction result reflects the RBI’s liquidity absorption stance through the reverse repo mechanism, with the rate aligning with the prevailing policy rate environment.

In conclusion, the RBI’s VRRR auction absorbed ₹18,133 crore of liquidity at a 5.49 % rate, matching the notified amount’s demand and demonstrating the effectiveness of the reverse repo tool in managing short‑term liquidity.