RBI VRRR Auction Sep 3 2026: 5.24% Rate

Document Title: Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on September 03, 2026

Issuing Authority: Reserve Bank of India (RBI)

Reference: Press Release 2026-2027/1030

Date: 03 September 2026

Policy Rates and Liquidity

The RBI conducted the second overnight Variable Rate Reverse Repo (VRRR) auction on 3 September 2026. The notified amount for the auction was ₹150,000 crore. Participants submitted offers amounting to ₹34,652 crore, which were fully accepted. The cut‑off rate and the weighted average rate for the accepted bids were both 5.24 %. No partial acceptance of offers at the cut‑off rate was reported.

The auction result indicates the RBI’s liquidity absorption at a 5.24 % rate, reflecting the current stance of monetary policy operations.