Document title: Result of the 7‑day Variable Rate Reverse Repo (VRRR) auction held on August 10, 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/846
Date: 10 August 2026
Policy Rates and Liquidity
The RBI announced that for the 7‑day VRRR auction, it had notified an amount of ₹200,000 crore. The total amount of offers received amounted to ₹95,810 crore, and the entire ₹95,810 crore was accepted. Both the cut‑off rate and the weighted‑average rate were 5.24 percent. No partial acceptance percentage was reported.
Regulatory and Policy Measures
The auction result is disclosed as part of RBI’s routine liquidity management operations, reflecting the central bank’s use of the variable‑rate reverse repo mechanism to absorb excess liquidity from the market.
The RBI’s communication department, represented by Deputy General Manager Ajit Prasad, issued the press release to inform market participants of the auction outcome.
Overall, the auction demonstrated strong participation relative to the notified amount, with the full amount of offers accepted at a uniform rate of 5.24 percent.