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RBI09 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 10, 2026

Official record

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What changed

The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on August 10, 2026. The auction had a notified amount of ₹1,00,000 crore. Market participants submitted offers totaling ₹58,671 crore, all of which were accepted by the Reserve Bank. The cut-off rate and the weighted average rate for the auction were both recorded at 5.24%.

Who is affected
  • Market participants participating in the overnight Variable Rate Reverse Repo auction.
Required action
  • Participants submitted bids for the overnight VRRR auction.
Key dates
  • Date of the auction — 09 Aug 2026
Thresholds
  • The notified amount for the auction was ₹1,00,000 crore.
Consequences
  • The Reserve Bank accepted ₹58,671 crore at a cut-off rate of 5.24%.

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Source details

Source
Reserve Bank of India
Type
press-release
Published by source
09 Aug 2026
Document number
2026-2027/848
Issuing division
Department of Communication
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

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August 10, 2026

Result of the Overnight Variable Rate Reverse Repo (VRRR) auction held on August 10, 2026

Tenor1-day
Notified Amount (in ₹ crore)1,00,000
Total amount of offers received (in ₹ crore)58,671
Amount accepted (in ₹ crore)58,671
Cut off Rate (%)5.24
Weighted Average Rate (%)5.24
Partial Acceptance Percentage of offers received at cut off rateNA

Ajit Prasad Press Release: 2026-2027/848 Deputy General Manager (Communications)

ᮧे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, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

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