Result of the Second Overnight Variable Rate Reverse Repo Auction
RBI press-release 2026-2027/1123 · 16 Sept 2026
Official title
Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
RBI press-release 2026-2027/1123 · 16 Sept 2026
Official title
Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
Summary
Check the official recordThe Reserve Bank of India conducted an overnight Variable Rate Reverse Repo auction on September 16, 2026. The bank notified an amount of 1,00,000 crore rupees. Market participants submitted offers totaling 40,302 crore rupees. The Reserve Bank of India accepted the full amount of 40,302 crore rupees. The cut-off rate for the auction is 5.24 percent. The weighted average rate is 5.24 percent.
Key dates
Who is affected
Thresholds
September 16, 2026
Result of the Second Overnight Variable Rate Reverse Repo (VRRR) auction held on September 16, 2026
| Tenor | 1-day |
|---|---|
| Notified Amount (in ₹ crore) | 1,00,000 |
| Total amount of offers received (in ₹ crore) | 40,302 |
| Amount accepted (in ₹ crore) | 40,302 |
| Cut off Rate (%) | 5.24 |
| Weighted Average Rate (%) | 5.24 |
| Partial Acceptance Percentage of offers received at cut off rate | NA |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/1123
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