Document title: Result of the 3‑day Variable Rate Reverse Repo (VRRR) auction held on September 04, 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release: 2026-2027/1035
Date: 04 September 2026
Policy rates and liquidity
The RBI conducted a three‑day Variable Rate Reverse Repo (VRRR) auction on 4 September 2026. The notified amount for the operation was ₹7,00,000 crore. Participants submitted offers amounting to ₹5,41,975 crore, and the RBI accepted the entire ₹5,41,975 crore of offers received. Both the cut‑off rate and the weighted‑average rate for the auction were set at 5.24 percent. No partial acceptance of offers at the cut‑off rate was reported.
The auction outcome reflects the RBI's liquidity absorption at the stated rate, with the full amount of offers accepted matching the total received.