Result of the Overnight Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/1121 · 16 Sept 2026
Official title
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
RBI press-release 2026-2027/1121 · 16 Sept 2026
Official title
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
Summary
Check the official recordThe Reserve Bank of India conducts an overnight Variable Rate Reverse Repo auction. The auction has a notified amount of 2,50,000 crore rupees. Market participants submit total offers of 3,17,088 crore rupees. The Reserve Bank of India accepts 2,50,025 crore rupees. The cut off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent. The partial acceptance percentage for offers at the cut off rate is 66.9 percent.
Key dates
Who is affected
Thresholds
September 16, 2026
Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
| Tenor | 1-day |
|---|---|
| Notified Amount (in ₹ crore) | 2,50,000 |
| Total amount of offers received (in ₹ crore) | 3,17,088 |
| Amount accepted (in ₹ crore) | 2,50,025 |
| Cut off Rate (%) | 5.24 |
| Weighted Average Rate (%) | 5.24 |
| Partial Acceptance Percentage of offers received at cut off rate | 66.9 |
Ajit Prasad Deputy General Manager (Communications)
Press Release: 2026-2027/1121
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