Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 17, 2026
RBI press-release 2026-2027/907 · 16 Aug 2026
The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction. The auction has a notified amount of 1,00,000 crore rupees. Market participants submit offers for the auction. The bank receives total offers of 96,914 crore rupees. The bank accepts the total amount of 96,914 crore rupees. The cut off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent.
Summary
Check the official recordWhat changed
The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction. The auction has a notified amount of 1,00,000 crore rupees. Market participants submit offers for the auction. The bank receives total offers of 96,914 crore rupees. The bank accepts the total amount of 96,914 crore rupees. The cut off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent.
- Who is affected
- Market participants participating in the overnight Variable Rate Reverse Repo auction.
- Key dates
- Date of the auction — 16 Aug 2026
- Thresholds
- The notified amount for the auction is 1,00,000 crore rupees.
- The total amount of offers received is 96,914 crore rupees.
- The amount accepted is 96,914 crore rupees.
- The cut off rate for the auction is 5.24 percent.
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 16 Aug 2026
- Document number
- 2026-2027/907
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 17, 2026
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 17, 2026
| Tenor | 1-day |
|---|---|
| Notified Amount (in ₹ crore) | 1,00,000 |
| Total amount of offers received (in ₹ crore) | 96,914 |
| Amount accepted (in ₹ crore) | 96,914 |
| Cut off Rate (%) | 5.24 |
| Weighted Average Rate (%) | 5.24 |
| Partial Acceptance Percentage of offers received at cut off rate | N.A. |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/907
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय įरज़वर् बैंक
RESERVE BANK OF INDIA
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