RBI VRRR Auction Draws ₹98,945 Cr @5.24%

Document title: Result of the 7‑day Variable Rate Reverse Repo (VRRR) auction held on August 17, 2026

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release 2026‑2027/905

Date: August 17, 2026

Policy rates and liquidity

The RBI conducted a 7‑day Variable Rate Reverse Repo auction on 17 August 2026. It notified an amount of ₹200,000 crore for the auction. Participants submitted offers amounting to ₹98,945 crore, and the entire ₹98,945 crore was accepted. The cut‑off rate and the weighted‑average rate were both set at 5.24 percent. No partial acceptance of offers at the cut‑off rate was reported. This auction result reflects the RBI's ongoing liquidity management operations in the money market.

The release was signed by Deputy General Manager Ajit Prasad of the RBI Communications Department.