Result of the Overnight Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/914 · 17 Aug 2026
Official title
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 18, 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction. The bank notifies an amount of 1,50,000 crore rupees. Market participants submit offers totaling 82,788 crore rupees. The bank accepts the full amount of 82,788 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 in the overnight Variable Rate Reverse Repo auction
- Key dates
- Date of the auction — 17 Aug 2026
- Thresholds
- The notified amount for the auction is 1,50,000 crore rupees
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 17 Aug 2026
- Document number
- 2026-2027/914
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 18, 2026
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 18, 2026
| Tenor | 1-day |
|---|---|
| Notified Amount (in ₹ crore) | 1,50,000 |
| Total amount of offers received (in ₹ crore) | 82,788 |
| Amount accepted (in ₹ crore) | 82,788 |
| 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: 2026-2027/914
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय įरज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi
Website : www.rbi.org.in
ई-मेल/email : helpdoc@rbi.org.in
संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
Research the source law
Find the provision behind this update.
No high-confidence provision match was found. Browse the law library, choose the affected provision and ask against the exact statutory text.
Browse source laws