The Reserve Bank of India (RBI) conducted an overnight Variable Rate Reverse Repo (VRRR) auction on August 27, 2026, accepting offers worth INR 1,42,622 crore at a cut off rate of 5.24%. The notified amount for the auction was INR 2,00,000 crore.
On August 27, 2026, the Reserve Bank of India (RBI) conducted an Overnight Variable Rate Reverse Repo (VRRR) auction. A total amount of INR 2,00,000 crore was notified for this auction.
The auction received offers worth INR 1,42,622 crore. The RBI accepted all these offers at a cut off rate of 5.24%. It is to be noted that the weighted average rate and partial acceptance percentage are yet to be disclosed.
Ajit Prasad, Deputy General Manager (Communications), issued a press release with the details of this auction, stating its date, tenor, notified amount, total offers received, accepted amount, and cut off rate.
Source:
Reserve Bank of India
