RBI11 Aug 2026press-releasePrepared by Complied AI

Result of the Overnight Variable Rate Reverse Repo Auction

Official title

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 12, 2026

What changed

The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo auction on August 12, 2026. The bank notified an amount of 75,000 crore rupees. Market participants submitted offers totaling 53,845 crore rupees. The Reserve Bank of India accepted the full amount of 53,845 crore rupees. The auction resulted in a cut-off rate of 5.24 percent. The weighted average rate for the accepted offers is 5.24 percent.

Who is affected
  • Market participants who submitted offers for the auction
Key dates
  • Date of the auction — 11 Aug 2026
Thresholds
  • The notified amount for the auction is 75,000 crore rupees
  • The total amount accepted is 53,845 crore rupees

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source
Reserve Bank of India
Type
press-release
Published by source
11 Aug 2026
Document number
2026-2027/868
Issuing division
Department of Communication
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

Verify official record

August 12, 2026

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 12, 2026

ItemDetails
Tenor1-day
Notified Amount (in ₹ crore)75,000
Total amount of offers received (in ₹ crore)53,845
Amount accepted (in ₹ crore)53,845
Cut off Rate (%)5.24
Weighted Average Rate (%)5.24
Partial Acceptance Percentage of offers received at cut off rateNA

Ajit Prasad Deputy General Manager (Communications)

Press Release: 2026-2027/868

ᮧेस ᮧकाशनी PRESS RELEASE भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 ई-मेल/email : helpdoc@rbi.org.in 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